Stonebridge Financial Group LLC Makes New $28.30 Million Investment in iShares Core MSCI Europe ETF $IEUR

Stonebridge Financial Group LLC purchased a new stake in iShares Core MSCI Europe ETF (NYSEARCA:IEUR) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 384,017 shares of the company’s stock, valued at approximately $28,302,000. iShares Core MSCI Europe ETF accounts for about 2.0% of Stonebridge Financial Group LLC’s portfolio, making the stock its 11th largest holding.

A number of other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. lifted its holdings 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 valued at $645,799,000 after buying an additional 102,846 shares during the period. Bank of America Corp DE boosted its stake 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 worth $532,585,000 after buying an additional 3,691,520 shares during the last quarter. LPL Financial LLC grew its holdings in iShares Core MSCI Europe ETF by 19.8% during the fourth quarter. LPL Financial LLC now owns 2,600,074 shares of the company’s stock worth $184,553,000 after acquiring an additional 428,861 shares during the period. Assetmark Inc. grew its holdings 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 acquiring an additional 501,422 shares during the period. Finally, MML Investors Services LLC raised its position 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 valued at $104,292,000 after acquiring an additional 284,413 shares in the last quarter.

iShares Core MSCI Europe ETF Price Performance

IEUR stock traded down $1.05 during trading on Thursday, hitting $72.65. 1,278,346 shares of the company traded hands, compared to its average volume of 1,347,795. iShares Core MSCI Europe ETF has a 1 year low of $66.45 and a 1 year high of $78.90. The company has a market cap of $9.13 billion, a PE ratio of 16.78 and a beta of 0.83. The stock’s 50-day simple moving average is $76.70 and its 200 day simple moving average is $74.89.

iShares Core MSCI Europe ETF Company 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.