Envestnet Asset Management Inc. Sells 1,185,092 Shares of iShares Core MSCI Europe ETF $IEUR

Envestnet Asset Management Inc. reduced its holdings in shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) by 11.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,938,682 shares of the company’s stock after selling 1,185,092 shares during the quarter. Envestnet Asset Management Inc. owned about 0.07% of iShares Core MSCI Europe ETF worth $671,921,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. IFP Advisors Inc purchased a new position in iShares Core MSCI Europe ETF in the 2nd quarter valued at approximately $29,000. Baird Financial Group Inc. lifted its position in shares of iShares Core MSCI Europe ETF by 11.1% during the second quarter. Baird Financial Group Inc. now owns 160,306 shares of the company’s stock worth $12,050,000 after acquiring an additional 15,986 shares in the last quarter. Allworth Financial LP lifted its position in shares of iShares Core MSCI Europe ETF by 13.7% during the second quarter. Allworth Financial LP now owns 2,545 shares of the company’s stock worth $191,000 after acquiring an additional 306 shares in the last quarter. Tanager Wealth Management LLP boosted its holdings in shares of iShares Core MSCI Europe ETF by 14.6% in the second quarter. Tanager Wealth Management LLP now owns 175,982 shares of the company’s stock worth $13,229,000 after acquiring an additional 22,384 shares during the period. Finally, Advisory Solutions Group LLC bought a new position in shares of iShares Core MSCI Europe ETF in the second quarter worth $1,399,000.

iShares Core MSCI Europe ETF Trading Down 1.5%

Shares of NYSEARCA IEUR traded down $1.12 during mid-day trading on Wednesday, hitting $74.83. The company had a trading volume of 592,482 shares, compared to its average volume of 1,362,616. iShares Core MSCI Europe ETF has a 1 year low of $66.42 and a 1 year high of $78.90. The company has a market capitalization of $9.04 billion, a price-to-earnings ratio of 16.78 and a beta of 0.84. The stock’s 50-day moving average price is $76.75 and its 200-day moving average price is $74.76.

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.