Penobscot Wealth Management Buys 2,405 Shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR)

Penobscot Wealth Management lifted its stake in shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) by 8.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,249 shares of the company’s stock after purchasing an additional 2,405 shares during the period. iShares Core MSCI Europe ETF accounts for 0.8% of Penobscot Wealth Management’s holdings, making the stock its 23rd biggest position. Penobscot Wealth Management’s holdings in iShares Core MSCI Europe ETF were worth $1,741,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Avior Wealth Management LLC raised its stake in shares of iShares Core MSCI Europe ETF by 73.5% during the 4th quarter. Avior Wealth Management LLC now owns 748 shares of the company’s stock worth $40,000 after purchasing an additional 317 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in shares of iShares Core MSCI Europe ETF during the 4th quarter worth approximately $49,000. Finley Financial LLC bought a new stake in shares of iShares Core MSCI Europe ETF during the 4th quarter worth approximately $55,000. Quent Capital LLC bought a new stake in iShares Core MSCI Europe ETF in the 4th quarter valued at $58,000. Finally, Jones Financial Companies Lllp raised its stake in iShares Core MSCI Europe ETF by 136.0% in the 4th quarter. Jones Financial Companies Lllp now owns 1,168 shares of the company’s stock valued at $63,000 after acquiring an additional 673 shares during the period.

iShares Core MSCI Europe ETF Trading Up 0.3 %

IEUR opened at $61.00 on Thursday. iShares Core MSCI Europe ETF has a 1-year low of $53.26 and a 1-year high of $62.58. The stock’s fifty day simple moving average is $57.75 and its 200 day simple moving average is $57.76. The stock has a market cap of $4.39 billion, a PE ratio of 17.61 and a beta of 0.98.

About iShares Core MSCI Europe ETF

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.