Confluence Investment Management LLC Grows Position in iShares Core MSCI Europe ETF $IEUR

Confluence Investment Management LLC grew its position in shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) by 5.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 229,242 shares of the company’s stock after acquiring an additional 11,846 shares during the quarter. Confluence Investment Management LLC owned about 0.20% of iShares Core MSCI Europe ETF worth $17,232,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Blue Edge Capital LLC lifted its position in iShares Core MSCI Europe ETF by 13.4% in the 1st quarter. Blue Edge Capital LLC now owns 512,239 shares of the company’s stock valued at $35,995,000 after purchasing an additional 60,435 shares during the last quarter. Bank of America Corp DE grew its holdings in iShares Core MSCI Europe ETF by 95.0% during the first quarter. Bank of America Corp DE now owns 7,579,128 shares of the company’s stock worth $532,585,000 after acquiring an additional 3,691,520 shares during the period. Strategic Investment Advisors MI acquired a new stake in iShares Core MSCI Europe ETF during the first quarter valued at approximately $113,000. Ashton Thomas Securities LLC acquired a new stake in shares of iShares Core MSCI Europe ETF during the 1st quarter valued at $474,000. Finally, Arkadios Wealth Advisors boosted its position in shares of iShares Core MSCI Europe ETF by 13.3% in the 1st quarter. Arkadios Wealth Advisors now owns 22,772 shares of the company’s stock valued at $1,600,000 after purchasing an additional 2,671 shares during the period.

iShares Core MSCI Europe ETF Stock Up 0.4%

Shares of NYSEARCA:IEUR opened at $77.01 on Tuesday. The company’s fifty day moving average is $75.24 and its two-hundred day moving average is $74.12. The company has a market cap of $9.00 billion, a P/E ratio of 16.78 and a beta of 0.84. iShares Core MSCI Europe ETF has a 12-month low of $64.64 and a 12-month high of $77.11.

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.