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

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) shares saw an uptick in trading volume on Wednesday . 3,290,493 shares changed hands during mid-day trading, an increase of 255% from the previous session’s volume of 925,674 shares.The stock last traded at $56.61 and had previously closed at $57.05.

iShares Core MSCI Europe ETF Trading Up 0.8 %

The firm’s 50-day moving average price is $56.71 and its 200 day moving average price is $53.95. The company has a market capitalization of $4.44 billion, a price-to-earnings ratio of 15.09 and a beta of 0.85.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Spire Wealth Management grew its holdings 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 worth $34,000 after acquiring an additional 252 shares during the last quarter. Brown Brothers Harriman & Co. bought a new stake in iShares Core MSCI Europe ETF during the 4th quarter worth approximately $36,000. Buck Wealth Strategies LLC bought a new stake in iShares Core MSCI Europe ETF during the 3rd quarter worth approximately $39,000. AlphaCore Capital LLC bought a new stake in iShares Core MSCI Europe ETF during the 3rd quarter worth approximately $43,000. Finally, Principal Securities Inc. bought a new stake in iShares Core MSCI Europe ETF during the 4th quarter worth approximately $47,000.

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.