WestEnd Advisors LLC Acquires New Holdings in iShares Core MSCI Europe ETF $IEUR

WestEnd Advisors LLC bought a new position in shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,933,437 shares of the company’s stock, valued at approximately $363,595,000. iShares Core MSCI Europe ETF comprises about 8.0% of WestEnd Advisors LLC’s portfolio, making the stock its 2nd biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its position in 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. Assetmark Inc. grew its holdings 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 worth $167,293,000 after purchasing an additional 501,422 shares during the period. Royal Bank of Canada grew its holdings in shares of iShares Core MSCI Europe ETF by 53.7% during the 1st quarter. Royal Bank of Canada now owns 1,229,530 shares of the company’s stock worth $86,399,000 after purchasing an additional 429,717 shares during the period. Mather Group LLC. purchased a new position in shares of iShares Core MSCI Europe ETF during the 3rd quarter worth $73,701,000. Finally, Cetera Investment Advisers increased its position in shares of iShares Core MSCI Europe ETF by 5.6% during the 1st quarter. Cetera Investment Advisers now owns 940,191 shares of the company’s stock worth $66,067,000 after purchasing an additional 50,131 shares during the last quarter.

iShares Core MSCI Europe ETF Trading Up 0.6%

Shares of NYSEARCA:IEUR opened at $73.91 on Wednesday. The business has a 50-day moving average price of $75.31 and a 200 day moving average price of $74.58. The company has a market capitalization of $9.45 billion, a price-to-earnings ratio of 16.78 and a beta of 0.83. iShares Core MSCI Europe ETF has a 12-month low of $66.45 and a 12-month high of $78.90.

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.