iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) Stock Falls 0.3% – What’s Next?

Shares of iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) traded down 0.3% during mid-day trading on Monday. The stock traded as low as $68.97 and last traded at $69.4940. Approximately 4,709 shares were traded during trading, a decline of 65% from the average daily volume of 13,540 shares. The stock had previously closed at $69.68.

iShares MSCI Europe Small-Cap ETF Trading Down 1.3%

The company has a fifty day simple moving average of $72.50 and a 200-day simple moving average of $71.26. The stock has a market cap of $168.63 million, a price-to-earnings ratio of 15.50 and a beta of 0.99.

Hedge Funds Weigh In On iShares MSCI Europe Small-Cap ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC grew its position in iShares MSCI Europe Small-Cap ETF by 372,016.0% during the second quarter. NewEdge Advisors LLC now owns 93,029 shares of the company’s stock valued at $6,439,000 after buying an additional 93,004 shares during the period. Royal Bank of Canada raised its holdings in iShares MSCI Europe Small-Cap ETF by 1,981.7% during the 1st quarter. Royal Bank of Canada now owns 39,761 shares of the company’s stock valued at $2,637,000 after acquiring an additional 37,851 shares during the period. Finally, Atlas Capital Advisors Inc. bought a new stake in shares of iShares MSCI Europe Small-Cap ETF during the 4th quarter valued at $921,000.

iShares MSCI Europe Small-Cap ETF Company Profile

The iShares MSCI Europe Small-Cap ETF (IEUS) is an exchange-traded fund that is based on the MSCI Europe Small Cap index, a market-cap-weighted index of companies in developed countries of Europe. IEUS was launched on Nov 12, 2007 and is managed by BlackRock.