iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Sees Strong Trading Volume

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) saw unusually-high trading volume on Friday . Approximately 2,593,174 shares changed hands during mid-day trading, an increase of 234% from the previous session’s volume of 775,666 shares.The stock last traded at $60.36 and had previously closed at $60.54.

iShares Core MSCI Europe ETF Price Performance

The firm has a market cap of $5.07 billion, a PE ratio of 15.22 and a beta of 0.85. The stock has a 50-day moving average price of $58.12 and a 200 day moving average price of $57.76.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

A number of institutional investors have recently added to or reduced their stakes in IEUR. Victory Capital Management Inc. grew its position in iShares Core MSCI Europe ETF by 4.9% during the fourth quarter. Victory Capital Management Inc. now owns 274,477 shares of the company’s stock valued at $15,102,000 after acquiring an additional 12,746 shares during the period. 9258 Wealth Management LLC grew its position in iShares Core MSCI Europe ETF by 5.7% during the fourth quarter. 9258 Wealth Management LLC now owns 5,707 shares of the company’s stock valued at $314,000 after acquiring an additional 309 shares during the period. Sapient Capital LLC purchased a new stake in iShares Core MSCI Europe ETF during the fourth quarter valued at about $310,000. Metis Global Partners LLC grew its position in iShares Core MSCI Europe ETF by 1,275.3% during the fourth quarter. Metis Global Partners LLC now owns 109,709 shares of the company’s stock valued at $6,036,000 after acquiring an additional 101,732 shares during the period. Finally, Lincoln National Corp purchased a new stake in iShares Core MSCI Europe ETF during the fourth quarter valued at about $388,000.

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.