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

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) shares saw an uptick in trading volume on Wednesday . 629,753 shares changed hands during mid-day trading, a decline of 19% from the previous session’s volume of 772,772 shares.The stock last traded at $55.64 and had previously closed at $55.44.

iShares Core MSCI Europe ETF Trading Up 0.2 %

The company’s 50-day moving average price is $57.21 and its two-hundred day moving average price is $58.17. The company has a market cap of $4.65 billion, a P/E ratio of 15.22 and a beta of 0.85.

Hedge Funds Weigh In On iShares Core MSCI Europe ETF

Hedge funds have recently modified their holdings of the stock. LGT Financial Advisors LLC raised its position in iShares Core MSCI Europe ETF by 673.7% during the third quarter. LGT Financial Advisors LLC now owns 441 shares of the company’s stock valued at $27,000 after buying an additional 384 shares during the period. Headlands Technologies LLC bought a new stake in shares of iShares Core MSCI Europe ETF during the 2nd quarter worth about $28,000. International Assets Investment Management LLC acquired a new position in iShares Core MSCI Europe ETF during the second quarter valued at approximately $29,000. Arcadia Investment Management Corp MI grew its stake in iShares Core MSCI Europe ETF by 50.0% in the 2nd quarter. Arcadia Investment Management Corp MI now owns 675 shares of the company’s stock valued at $38,000 after buying an additional 225 shares during the last quarter. Finally, Strategic Financial Concepts LLC bought a new position in shares of iShares Core MSCI Europe ETF in the second quarter worth about $53,000.

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.