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

iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) shares fell 1.4% during trading on Tuesday . The company traded as low as $54.18 and last traded at $54.25. 31,146 shares changed hands during 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 Stock Down 1.4 %

The firm has a market cap of $92.23 million, a P/E ratio of 13.28 and a beta of 1.15. The stock’s 50-day simple moving average is $57.76 and its 200 day simple moving average is $58.09.

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

A number of institutional investors and hedge funds have recently made changes to their positions in IEUS. Citizens Financial Group Inc. RI boosted its position in shares of iShares MSCI Europe Small-Cap ETF by 15.4% during 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 in the last quarter. Brown Brothers Harriman & Co. bought a new position in shares of iShares MSCI Europe Small-Cap ETF during the 2nd quarter worth about $316,000. Atlas Capital Advisors LLC boosted its position in shares of iShares MSCI Europe Small-Cap ETF by 15.5% during 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 in the last quarter. Pictet North America Advisors SA bought a new position in shares of iShares MSCI Europe Small-Cap ETF during the 2nd quarter worth about $1,186,000. Finally, EP Wealth Advisors LLC bought a new position in shares of iShares MSCI Europe Small-Cap ETF during the 3rd quarter worth about $1,382,000.

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.