CI Investments Inc. Sells 243,340 Shares of iShares Core MSCI Europe ETF $IEUR

CI Investments Inc. trimmed its position in iShares Core MSCI Europe ETF (NYSEARCA:IEUR) by 6.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,549,159 shares of the company’s stock after selling 243,340 shares during the quarter. iShares Core MSCI Europe ETF makes up approximately 1.2% of CI Investments Inc.’s portfolio, making the stock its 13th biggest holding. CI Investments Inc. owned approximately 3.03% of iShares Core MSCI Europe ETF worth $249,399,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Invested Advisors lifted its stake in iShares Core MSCI Europe ETF by 190.0% in the 4th quarter. Invested Advisors now owns 11,341 shares of the company’s stock worth $805,000 after purchasing an additional 7,430 shares in the last quarter. UBS Group AG grew its position in shares of iShares Core MSCI Europe ETF by 2.2% during the 4th quarter. UBS Group AG now owns 574,382 shares of the company’s stock valued at $40,770,000 after purchasing an additional 12,627 shares in the last quarter. Beacon Bridge Wealth Partners LLC grew its position in shares of iShares Core MSCI Europe ETF by 40.2% during the 4th quarter. Beacon Bridge Wealth Partners LLC now owns 23,254 shares of the company’s stock valued at $1,651,000 after purchasing an additional 6,663 shares in the last quarter. Benjamin Edwards Inc. increased its holdings in shares of iShares Core MSCI Europe ETF by 17.9% in the fourth quarter. Benjamin Edwards Inc. now owns 534,944 shares of the company’s stock worth $37,970,000 after purchasing an additional 81,205 shares during the period. Finally, Waystone Advisors LLC bought a new position in shares of iShares Core MSCI Europe ETF in the first quarter worth $481,000.

iShares Core MSCI Europe ETF Stock Performance

Shares of IEUR stock opened at $75.24 on Wednesday. iShares Core MSCI Europe ETF has a 52-week low of $63.71 and a 52-week high of $76.97. The company has a market capitalization of $8.71 billion, a PE ratio of 16.78 and a beta of 0.84. The business’s fifty day moving average is $75.06 and its 200 day moving average is $73.90.

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.