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

Shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) saw an uptick in trading volume on Wednesday . 3,290,493 shares traded 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 Down 0.5 %

The company has a 50 day simple moving average of $56.63 and a two-hundred day simple moving average of $53.91. The firm has a market capitalization of $4.42 billion, a P/E ratio of 15.09 and a beta of 0.85.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Spire Wealth Management grew its position in shares of 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 buying an additional 252 shares in the last quarter. Brown Brothers Harriman & Co. bought a new position in iShares Core MSCI Europe ETF during the 4th quarter worth about $36,000. Buck Wealth Strategies LLC bought a new stake in shares of iShares Core MSCI Europe ETF in the 3rd quarter valued at about $39,000. AlphaCore Capital LLC purchased a new stake in shares of iShares Core MSCI Europe ETF in the 3rd quarter worth approximately $43,000. Finally, Principal Securities Inc. bought a new position in shares of iShares Core MSCI Europe ETF during the fourth quarter valued at 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.