iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) shares passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $71.11 and traded as low as $70.13. iShares MSCI Europe Small-Cap ETF shares last traded at $70.35, with a volume of 3,913 shares.

iShares MSCI Europe Small-Cap ETF Stock Performance

The stock has a 50 day moving average of $71.00 and a two-hundred day moving average of $71.11. The stock has a market cap of $165.32 million, a PE ratio of 15.50 and a beta of 1.01.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC grew its stake in 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 valued at $607,000 after purchasing an additional 8,354 shares in the last quarter. Royal Bank of Canada increased its position in 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 worth $2,637,000 after purchasing an additional 37,851 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in iShares MSCI Europe Small-Cap ETF by 372,016.0% in the 2nd quarter. NewEdge Advisors LLC now owns 93,029 shares of the company’s stock worth $6,439,000 after purchasing an additional 93,004 shares during the last quarter.

About iShares MSCI Europe Small-Cap ETF

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.