iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Sees Large Volume Increase – Time to Buy?

Shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) saw an uptick in trading volume on Friday . 1,114,521 shares changed hands during trading, an increase of 82% from the previous session’s volume of 611,353 shares.The stock last traded at $53.90 and had previously closed at $54.54.

iShares Core MSCI Europe ETF Price Performance

The firm has a market cap of $4.52 billion, a PE ratio of 15.22 and a beta of 0.85. The business has a 50-day simple moving average of $55.51 and a 200 day simple moving average of $57.60.

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 the company. LGT Financial Advisors LLC raised its stake in iShares Core MSCI Europe ETF by 673.7% during the 3rd quarter. LGT Financial Advisors LLC now owns 441 shares of the company’s stock valued at $27,000 after purchasing an additional 384 shares during the period. Headlands Technologies LLC purchased a new position in shares of iShares Core MSCI Europe ETF in the second quarter worth $28,000. Commerce Bank purchased a new position in shares of iShares Core MSCI Europe ETF in the third quarter worth $241,000. United Advisor Group LLC bought a new position in shares of iShares Core MSCI Europe ETF during the third quarter worth $242,000. Finally, Dakota Wealth Management purchased a new position in iShares Core MSCI Europe ETF during the third quarter valued at $260,000.

About iShares Core MSCI Europe ETF

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.