iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) Shares Down 1.3% – Here’s Why

Shares of iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) traded down 1.3% on Monday . The company traded as low as $64.83 and last traded at $64.97. 6,553 shares changed hands during mid-day trading, a decline of 57% from the average session volume of 15,215 shares. The stock had previously closed at $65.84.

iShares MSCI Europe Small-Cap ETF Stock Performance

The stock has a market cap of $152.68 million, a price-to-earnings ratio of 15.50 and a beta of 1.07. The company has a 50-day simple moving average of $67.06 and a two-hundred day simple moving average of $66.34.

Institutional Investors Weigh In On iShares MSCI Europe Small-Cap ETF

A number of large investors have recently added to or reduced their stakes in the business. Deutsche Bank AG lifted its stake in shares of iShares MSCI Europe Small-Cap ETF by 6.0% during the 1st quarter. Deutsche Bank AG now owns 19,026 shares of the company’s stock worth $1,091,000 after buying an additional 1,075 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of iShares MSCI Europe Small-Cap ETF during the 1st quarter valued at $3,778,000. Jones Financial Companies Lllp grew its stake in iShares MSCI Europe Small-Cap ETF by 903.3% during the first quarter. Jones Financial Companies Lllp now owns 10,033 shares of the company’s stock worth $575,000 after buying an additional 9,033 shares in the last quarter. Quantum Financial Advisors LLC acquired a new stake in shares of iShares MSCI Europe Small-Cap ETF during the 2nd quarter worth approximately $218,000. Finally, Atria Wealth Solutions Inc. bought a new position in shares of iShares MSCI Europe Small-Cap ETF in the 2nd quarter valued at $221,000.

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.