iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) Share Price Break Above Two Hundred Day Moving Average – Here’s Why

Shares of iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS – Get Free Report) passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $71.08 and traded as high as $71.25. iShares MSCI Europe Small-Cap ETF shares last traded at $71.27, with a volume of 2,794 shares trading hands.

iShares MSCI Europe Small-Cap ETF Stock Up 0.9%

The stock has a market capitalization of $167.48 million, a PE ratio of 15.50 and a beta of 0.99. The firm has a 50 day moving average price of $71.35 and a 200-day moving average price of $71.08.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC raised its position in iShares MSCI Europe Small-Cap ETF by 372,016.0% during the 2nd quarter. NewEdge Advisors LLC now owns 93,029 shares of the company’s stock worth $6,439,000 after buying an additional 93,004 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of iShares MSCI Europe Small-Cap ETF by 1,981.7% in the 1st quarter. Royal Bank of Canada now owns 39,761 shares of the company’s stock valued at $2,637,000 after acquiring an additional 37,851 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in shares of iShares MSCI Europe Small-Cap ETF by 2,890.7% in the third quarter. Farther Finance Advisors LLC now owns 8,643 shares of the company’s stock worth $607,000 after acquiring an additional 8,354 shares during the period.

iShares MSCI Europe Small-Cap ETF Company Profile

(Get Free Report)

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.

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