iShares Europe ETF (NYSEARCA:IEV) Sees Unusually-High Trading Volume – Should You Buy?

iShares Europe ETF (NYSEARCA:IEV) shares saw unusually-strong trading volume on Wednesday . Approximately 347,143 shares traded hands during trading, an increase of 23% from the previous session’s volume of 281,635 shares.The stock last traded at $58.65 and had previously closed at $58.37.

iShares Europe ETF Trading Up 0.8 %

The stock has a fifty day moving average price of $54.48 and a 200-day moving average price of $55.38. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of 16.09 and a beta of 0.83.

Institutional Investors Weigh In On iShares Europe ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Creative Planning lifted its stake in iShares Europe ETF by 2.1% in the third quarter. Creative Planning now owns 27,199 shares of the company’s stock valued at $1,585,000 after buying an additional 555 shares during the period. International Assets Investment Management LLC lifted its holdings in iShares Europe ETF by 5,727.0% during the 3rd quarter. International Assets Investment Management LLC now owns 17,481 shares of the company’s stock valued at $1,019,000 after purchasing an additional 17,181 shares during the last quarter. Patriot Financial Group Insurance Agency LLC raised its holdings in iShares Europe ETF by 34.6% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 7,970 shares of the company’s stock valued at $464,000 after acquiring an additional 2,049 shares during the period. Strategic Blueprint LLC lifted its holdings in shares of iShares Europe ETF by 12.7% during the third quarter. Strategic Blueprint LLC now owns 19,726 shares of the company’s stock worth $1,149,000 after buying an additional 2,229 shares in the last quarter. Finally, W Advisors LLC boosted its stake in shares of iShares Europe ETF by 51.6% in the third quarter. W Advisors LLC now owns 7,955 shares of the company’s stock valued at $464,000 after buying an additional 2,708 shares during the period.

About iShares Europe ETF

iShares Europe ETF (the Fund), formerly iShares S&P Europe 350 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Europe 350 (the Index). The Index measures the performance of the stocks of companies in the countries, which includes Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.