Penobscot Wealth Management Sells 709 Shares of iShares Core MSCI Europe ETF $IEUR

Penobscot Wealth Management lessened its holdings in shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) by 2.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,067 shares of the company’s stock after selling 709 shares during the quarter. iShares Core MSCI Europe ETF makes up 0.7% of Penobscot Wealth Management’s portfolio, making the stock its 26th biggest position. Penobscot Wealth Management’s holdings in iShares Core MSCI Europe ETF were worth $1,924,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares Core MSCI Europe ETF by 7.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 38,272 shares of the company’s stock valued at $2,538,000 after acquiring an additional 2,729 shares in the last quarter. Concurrent Investment Advisors LLC bought a new position in iShares Core MSCI Europe ETF in the second quarter worth $243,000. Sovran Advisors LLC bought a new position in iShares Core MSCI Europe ETF in the second quarter worth $238,000. Dakota Wealth Management raised its holdings in iShares Core MSCI Europe ETF by 6.9% in the second quarter. Dakota Wealth Management now owns 14,350 shares of the company’s stock worth $950,000 after purchasing an additional 925 shares in the last quarter. Finally, Stephens Inc. AR raised its holdings in iShares Core MSCI Europe ETF by 237.9% in the first quarter. Stephens Inc. AR now owns 32,700 shares of the company’s stock worth $1,967,000 after purchasing an additional 23,023 shares in the last quarter.

iShares Core MSCI Europe ETF Trading Up 0.2%

IEUR opened at $69.33 on Monday. The stock has a fifty day simple moving average of $67.82 and a two-hundred day simple moving average of $65.73. The company has a market cap of $6.79 billion, a price-to-earnings ratio of 16.78 and a beta of 0.95. iShares Core MSCI Europe ETF has a 12-month low of $53.17 and a 12-month high of $69.55.

iShares Core MSCI Europe ETF 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.