WestEnd Advisors LLC Decreases Stake in iShares Core MSCI Europe ETF $IEUR

WestEnd Advisors LLC lowered its stake in iShares Core MSCI Europe ETF (NYSEARCA:IEUR) by 3.2% in the second quarter, HoldingsChannel reports. The institutional investor owned 804,906 shares of the company’s stock after selling 26,330 shares during the period. iShares Core MSCI Europe ETF makes up 1.3% of WestEnd Advisors LLC’s investment portfolio, making the stock its 18th largest position. WestEnd Advisors LLC’s holdings in iShares Core MSCI Europe ETF were worth $53,287,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares Core MSCI Europe ETF by 7.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 38,272 shares of the company’s stock worth $2,538,000 after buying an additional 2,729 shares during the last quarter. Sovran Advisors LLC acquired a new stake in shares of iShares Core MSCI Europe ETF in the second quarter worth $238,000. Stephens Inc. AR increased its stake in shares of iShares Core MSCI Europe ETF by 237.9% in the first quarter. Stephens Inc. AR now owns 32,700 shares of the company’s stock worth $1,967,000 after acquiring an additional 23,023 shares during the period. Dakota Wealth Management increased its stake in shares of iShares Core MSCI Europe ETF by 6.9% in the second quarter. Dakota Wealth Management now owns 14,350 shares of the company’s stock worth $950,000 after acquiring an additional 925 shares during the period. Finally, Barings LLC increased its stake in shares of iShares Core MSCI Europe ETF by 64.3% in the first quarter. Barings LLC now owns 74,003 shares of the company’s stock worth $4,451,000 after acquiring an additional 28,962 shares during the period.

iShares Core MSCI Europe ETF Price Performance

NYSEARCA:IEUR opened at $68.66 on Wednesday. The firm has a market capitalization of $6.73 billion, a P/E ratio of 16.78 and a beta of 0.95. iShares Core MSCI Europe ETF has a 1-year low of $53.17 and a 1-year high of $69.55. The company’s fifty day moving average price is $67.03 and its 200-day moving average price is $64.78.

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.