iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) Stock Price Down 1.4% – Here’s What Happened

iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS)’s stock price traded down 1.4% on Tuesday . The stock traded as low as $54.18 and last traded at $54.25. 31,146 shares were traded during mid-day trading, an increase of 314% from the average session volume of 7,525 shares. The stock had previously closed at $55.04.

iShares MSCI Europe Small-Cap ETF Trading Up 1.7 %

The company’s 50 day moving average price is $57.57 and its two-hundred day moving average price is $58.04. The stock has a market cap of $93.82 million, a P/E ratio of 13.28 and a beta of 1.15.

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

Several institutional investors have recently made changes to their positions in IEUS. Citizens Financial Group Inc. RI lifted its stake in shares of iShares MSCI Europe Small-Cap ETF by 15.4% in the 1st quarter. Citizens Financial Group Inc. RI now owns 5,269 shares of the company’s stock worth $298,000 after purchasing an additional 704 shares during the period. Pictet North America Advisors SA bought a new position in shares of iShares MSCI Europe Small-Cap ETF in the 2nd quarter worth approximately $1,186,000. Atlas Capital Advisors LLC lifted its stake in shares of iShares MSCI Europe Small-Cap ETF by 15.5% in the 2nd quarter. Atlas Capital Advisors LLC now owns 13,431 shares of the company’s stock worth $751,000 after purchasing an additional 1,803 shares during the period. Brown Brothers Harriman & Co. bought a new position in shares of iShares MSCI Europe Small-Cap ETF in the 2nd quarter worth approximately $316,000. Finally, EP Wealth Advisors LLC bought a new stake in iShares MSCI Europe Small-Cap ETF during the 3rd quarter worth approximately $1,382,000.

About iShares MSCI Europe Small-Cap ETF

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.