iShares Core MSCI Europe ETF (NYSEARCA:IEUR – Get Free Report) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 242,836 shares, a decrease of 54.6% from the August 15th total of 534,672 shares. Based on an average trading volume of 1,547,423 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the shares of the stock are short sold.
iShares Core MSCI Europe ETF Stock Performance
Shares of iShares Core MSCI Europe ETF stock traded down $0.19 on Tuesday, hitting $75.22. The company’s stock had a trading volume of 379,940 shares, compared to its average volume of 1,333,393. The company has a market capitalization of $8.79 billion, a price-to-earnings ratio of 16.78 and a beta of 0.84. iShares Core MSCI Europe ETF has a 1 year low of $66.42 and a 1 year high of $78.90. The firm has a fifty day moving average price of $76.70 and a 200-day moving average price of $74.75.
Institutional Investors Weigh In On iShares Core MSCI Europe ETF
A number of institutional investors have recently added to or reduced their stakes in IEUR. JPMorgan Chase & Co. increased its stake in shares of 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 acquiring an additional 102,846 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of iShares Core MSCI Europe ETF by 95.0% in the first quarter. Bank of America Corp DE now owns 7,579,128 shares of the company’s stock valued at $532,585,000 after purchasing an additional 3,691,520 shares during the period. LPL Financial LLC grew its holdings in shares of iShares Core MSCI Europe ETF by 19.8% in the fourth quarter. LPL Financial LLC now owns 2,600,074 shares of the company’s stock valued at $184,553,000 after purchasing an additional 428,861 shares during the period. Assetmark Inc. increased its position in iShares Core MSCI Europe ETF by 26.7% during the first quarter. Assetmark Inc. now owns 2,380,720 shares of the company’s stock worth $167,293,000 after purchasing an additional 501,422 shares during the last quarter. Finally, MML Investors Services LLC raised its stake in iShares Core MSCI Europe ETF by 24.0% during the fourth quarter. MML Investors Services LLC now owns 1,469,316 shares of the company’s stock worth $104,292,000 after purchasing an additional 284,413 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.
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