Bank Julius Baer & Co. Ltd Zurich Has $16.83 Million Stake in iShares Core MSCI Europe ETF (NYSEARCA:IEUR)

Bank Julius Baer & Co. Ltd Zurich trimmed its position in shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) by 36.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 305,842 shares of the company’s stock after selling 172,673 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in iShares Core MSCI Europe ETF were worth $16,827,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IEUR. Financial Gravity Asset Management Inc. grew its stake in shares of iShares Core MSCI Europe ETF by 2,357.4% in the third quarter. Financial Gravity Asset Management Inc. now owns 1,147,629 shares of the company’s stock valued at $56,991,000 after acquiring an additional 1,100,929 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares Core MSCI Europe ETF by 18.5% in the third quarter. Envestnet Asset Management Inc. now owns 2,363,637 shares of the company’s stock valued at $117,378,000 after acquiring an additional 369,768 shares in the last quarter. Elm Partners Management LLC grew its stake in shares of iShares Core MSCI Europe ETF by 55.4% in the fourth quarter. Elm Partners Management LLC now owns 1,007,373 shares of the company’s stock valued at $55,426,000 after acquiring an additional 359,198 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of iShares Core MSCI Europe ETF by 11.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,560,550 shares of the company’s stock valued at $85,861,000 after acquiring an additional 157,280 shares in the last quarter. Finally, Executive Wealth Management LLC acquired a new position in shares of iShares Core MSCI Europe ETF in the fourth quarter valued at about $6,215,000.

iShares Core MSCI Europe ETF Stock Performance

Shares of IEUR stock traded up $0.45 on Friday, hitting $57.11. The company’s stock had a trading volume of 427,766 shares, compared to its average volume of 934,500. iShares Core MSCI Europe ETF has a fifty-two week low of $47.10 and a fifty-two week high of $58.21. The stock’s 50 day moving average is $56.71 and its 200-day moving average is $53.95. The company has a market capitalization of $4.44 billion, a PE ratio of 15.09 and a beta of 0.85.

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.