iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Sees Unusually-High Trading Volume

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) saw unusually-high trading volume on Tuesday . Approximately 454,314 shares traded hands during trading, a decline of 47% from the previous session’s volume of 850,240 shares.The stock last traded at $57.82 and had previously closed at $57.55.

iShares Core MSCI Europe ETF Price Performance

The stock’s 50 day moving average is $55.66 and its 200-day moving average is $52.99. The company has a market capitalization of $4.71 billion, a P/E ratio of 12.11 and a beta of 0.95.

Hedge Funds Weigh In On iShares Core MSCI Europe ETF

A number of institutional investors have recently added to or reduced their stakes in IEUR. Brown Brothers Harriman & Co. purchased a new position in shares of iShares Core MSCI Europe ETF in the 4th quarter worth about $36,000. Spire Wealth Management increased its stake in iShares Core MSCI Europe ETF by 58.5% during the 3rd quarter. Spire Wealth Management now owns 683 shares of the company’s stock valued at $34,000 after purchasing an additional 252 shares in the last quarter. Buck Wealth Strategies LLC purchased a new position in iShares Core MSCI Europe ETF in the third quarter worth about $39,000. Principal Securities Inc. bought a new position in shares of iShares Core MSCI Europe ETF in the fourth quarter worth approximately $47,000. Finally, AlphaCore Capital LLC purchased a new stake in shares of iShares Core MSCI Europe ETF during the third quarter valued at approximately $43,000.

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.