Raymond James & Associates Grows Stake in iShares Core MSCI Europe ETF (NYSEARCA:IEUR)

Raymond James & Associates raised its stake in shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) by 1.3% during the first quarter, HoldingsChannel reports. The firm owned 837,055 shares of the company’s stock after buying an additional 10,755 shares during the quarter. Raymond James & Associates’ holdings in iShares Core MSCI Europe ETF were worth $48,424,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IEUR. Commonwealth Equity Services LLC grew its holdings in iShares Core MSCI Europe ETF by 12.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 21,488 shares of the company’s stock valued at $1,067,000 after purchasing an additional 2,304 shares during the last quarter. Dakota Wealth Management purchased a new stake in shares of iShares Core MSCI Europe ETF in the third quarter worth approximately $201,000. Bank of New York Mellon Corp lifted its stake in shares of iShares Core MSCI Europe ETF by 25.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 5,384 shares of the company’s stock worth $267,000 after acquiring an additional 1,107 shares during the last quarter. Willis Johnson & Associates Inc. boosted its holdings in iShares Core MSCI Europe ETF by 31.0% during the 3rd quarter. Willis Johnson & Associates Inc. now owns 52,265 shares of the company’s stock valued at $2,595,000 after acquiring an additional 12,366 shares during the period. Finally, Penobscot Wealth Management grew its position in iShares Core MSCI Europe ETF by 0.8% in the 3rd quarter. Penobscot Wealth Management now owns 37,429 shares of the company’s stock valued at $1,859,000 after acquiring an additional 281 shares during the last quarter.

iShares Core MSCI Europe ETF Price Performance

Shares of NYSEARCA:IEUR traded up $0.49 on Friday, hitting $57.40. 488,014 shares of the company’s stock were exchanged, compared to its average volume of 908,527. The stock has a market capitalization of $4.80 billion, a price-to-earnings ratio of 15.22 and a beta of 0.85. iShares Core MSCI Europe ETF has a 12 month low of $47.10 and a 12 month high of $58.21. The business’s 50 day simple moving average is $56.89 and its two-hundred day simple moving average is $54.28.

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.