iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Sees Large Volume Increase – What’s Next?

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) shares saw strong trading volume on Wednesday . 629,753 shares traded hands during 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 Stock Up 0.2 %

The firm’s 50-day moving average price is $57.21 and its 200 day moving average price is $58.17. The firm has a market cap of $4.65 billion, a P/E ratio of 15.22 and a beta of 0.85.

Institutional Trading of iShares Core MSCI Europe ETF

Several hedge funds have recently added to or reduced their stakes in IEUR. Arcadia Investment Management Corp MI boosted its holdings in shares of iShares Core MSCI Europe ETF by 50.0% in the second quarter. Arcadia Investment Management Corp MI now owns 675 shares of the company’s stock valued at $38,000 after acquiring an additional 225 shares in the last quarter. Simplicity Wealth LLC lifted its position in iShares Core MSCI Europe ETF by 4.4% in the third quarter. Simplicity Wealth LLC now owns 7,034 shares of the company’s stock worth $429,000 after purchasing an additional 294 shares during the period. Atria Investments Inc boosted its stake in iShares Core MSCI Europe ETF by 1.7% during the 3rd quarter. Atria Investments Inc now owns 18,716 shares of the company’s stock valued at $1,140,000 after purchasing an additional 306 shares in the last quarter. Moors & Cabot Inc. increased its position in shares of iShares Core MSCI Europe ETF by 6.2% during the 2nd quarter. Moors & Cabot Inc. now owns 5,516 shares of the company’s stock valued at $314,000 after purchasing an additional 320 shares during the period. Finally, National Bank of Canada FI increased its position in shares of iShares Core MSCI Europe ETF by 3.9% during the 3rd quarter. National Bank of Canada FI now owns 9,258 shares of the company’s stock valued at $564,000 after purchasing an additional 350 shares during the period.

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.