iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Sees Large Volume Increase

Shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) saw unusually-high trading volume on Thursday . Approximately 3,173,417 shares changed hands during trading, an increase of 267% from the previous session’s volume of 864,368 shares.The stock last traded at $55.48 and had previously closed at $55.59.

iShares Core MSCI Europe ETF Stock Performance

The business’s fifty day moving average is $56.49 and its two-hundred day moving average is $53.67. The company has a market cap of $4.32 billion, a P/E ratio of 15.09 and a beta of 0.85.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IEUR. Addison Advisors LLC increased its position in iShares Core MSCI Europe ETF by 29.4% during the 3rd quarter. Addison Advisors LLC now owns 1,695 shares of the company’s stock valued at $84,000 after purchasing an additional 385 shares during the period. Picton Mahoney Asset Management increased its position in iShares Core MSCI Europe ETF by 17.2% during the 3rd quarter. Picton Mahoney Asset Management now owns 40,740 shares of the company’s stock valued at $2,023,000 after purchasing an additional 5,970 shares during the period. Consilium Wealth Advisory LLC increased its position in iShares Core MSCI Europe ETF by 30.3% during the 4th quarter. Consilium Wealth Advisory LLC now owns 105,057 shares of the company’s stock valued at $5,780,000 after purchasing an additional 24,443 shares during the period. Industrial Alliance Investment Management Inc. increased its position in iShares Core MSCI Europe ETF by 33.0% during the 3rd quarter. Industrial Alliance Investment Management Inc. now owns 80,068 shares of the company’s stock valued at $3,976,000 after purchasing an additional 19,874 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in iShares Core MSCI Europe ETF by 11.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,560,550 shares of the company’s stock valued at $85,861,000 after purchasing an additional 157,280 shares during the period.

iShares Core MSCI Europe ETF Company Profile

The iShares Core MSCI Europe ETF (IEUR) is an exchange-traded fund that is based on the MSCI Europe IMI index, a market-cap-weighted index of developed European securities. IEUR was launched on Jun 10, 2014 and is managed by BlackRock.