CI Investments Inc. Lowers Stock Position in iShares Core MSCI Europe ETF $IEUR

CI Investments Inc. reduced its stake in iShares Core MSCI Europe ETF (NYSEARCA:IEUR) by 6.4% during the first quarter, HoldingsChannel reports. The firm owned 3,549,159 shares of the company’s stock after selling 243,340 shares during the period. iShares Core MSCI Europe ETF comprises about 1.2% of CI Investments Inc.’s portfolio, making the stock its 13th biggest holding. CI Investments Inc.’s holdings in iShares Core MSCI Europe ETF were worth $249,399,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of IEUR. JPMorgan Chase & Co. grew its stake in iShares Core MSCI Europe ETF by 1.1% in the 4th quarter. JPMorgan Chase & Co. now owns 9,098,317 shares of the company’s stock worth $645,799,000 after buying an additional 102,846 shares in the last quarter. Bank of America Corp DE raised its position in shares of iShares Core MSCI Europe ETF by 73.5% during the 3rd quarter. Bank of America Corp DE now owns 5,374,280 shares of the company’s stock valued at $366,096,000 after buying an additional 2,277,084 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares Core MSCI Europe ETF by 19.8% during the 4th quarter. LPL Financial LLC now owns 2,600,074 shares of the company’s stock valued at $184,553,000 after buying an additional 428,861 shares in the last quarter. Assetmark Inc. raised its position in shares of iShares Core MSCI Europe ETF by 26.7% during the 1st quarter. Assetmark Inc. now owns 2,380,720 shares of the company’s stock valued at $167,293,000 after buying an additional 501,422 shares in the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of iShares Core MSCI Europe ETF by 24.0% during the 4th quarter. MML Investors Services LLC now owns 1,469,316 shares of the company’s stock worth $104,292,000 after acquiring an additional 284,413 shares during the last quarter.

iShares Core MSCI Europe ETF Stock Performance

Shares of NYSEARCA:IEUR opened at $75.24 on Wednesday. iShares Core MSCI Europe ETF has a 52-week low of $63.71 and a 52-week high of $76.97. The firm has a fifty day moving average of $75.06 and a 200 day moving average of $73.90. The firm has a market capitalization of $8.71 billion, a PE ratio of 16.78 and a beta of 0.84.

iShares Core MSCI Europe ETF Profile

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.