Meridian Management Co. Makes New Investment in iShares Core MSCI Europe ETF $IEUR

Meridian Management Co. purchased a new position in shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 124,700 shares of the company’s stock, valued at approximately $8,495,000. iShares Core MSCI Europe ETF comprises 2.3% of Meridian Management Co.’s holdings, making the stock its 11th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Goldman Sachs Group Inc. raised its stake in iShares Core MSCI Europe ETF by 75.4% during the first quarter. Goldman Sachs Group Inc. now owns 82,949 shares of the company’s stock worth $4,989,000 after purchasing an additional 35,648 shares during the period. Perigon Wealth Management LLC acquired a new position in iShares Core MSCI Europe ETF in the second quarter valued at approximately $202,000. Tanager Wealth Management LLP purchased a new position in iShares Core MSCI Europe ETF in the second quarter worth approximately $2,549,000. J2 Capital Management Inc acquired a new stake in iShares Core MSCI Europe ETF during the second quarter worth $1,312,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in iShares Core MSCI Europe ETF by 0.4% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,531,567 shares of the company’s stock valued at $101,390,000 after purchasing an additional 6,053 shares during the period.

iShares Core MSCI Europe ETF Trading Up 0.6%

NYSEARCA IEUR opened at $74.91 on Friday. The stock has a fifty day simple moving average of $71.26 and a 200-day simple moving average of $68.80. The stock has a market cap of $7.53 billion, a PE ratio of 16.78 and a beta of 0.93. iShares Core MSCI Europe ETF has a twelve month low of $53.17 and a twelve month high of $75.61.

iShares Core MSCI Europe ETF Company 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.