Sequoia Financial Advisors LLC Trims Stake in iShares Core MSCI Europe ETF $IEUR

Sequoia Financial Advisors LLC lowered its position in iShares Core MSCI Europe ETF (NYSEARCA:IEUR) by 26.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,284 shares of the company’s stock after selling 18,724 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Core MSCI Europe ETF were worth $3,855,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of IEUR. Osbon Capital Management LLC acquired a new stake in iShares Core MSCI Europe ETF during the 4th quarter worth $26,000. Franklin Resources Inc. purchased a new position in iShares Core MSCI Europe ETF during the 2nd quarter worth $27,000. International Assets Investment Management LLC acquired a new position in iShares Core MSCI Europe ETF in the fourth quarter valued at $28,000. IFP Advisors Inc acquired a new position in iShares Core MSCI Europe ETF in the second quarter valued at $29,000. Finally, BOKF NA purchased a new stake in shares of iShares Core MSCI Europe ETF in the third quarter valued at about $55,000.

iShares Core MSCI Europe ETF Trading Up 0.6%

iShares Core MSCI Europe ETF stock opened at $76.07 on Friday. iShares Core MSCI Europe ETF has a twelve month low of $66.42 and a twelve month high of $78.90. The stock has a 50 day moving average of $76.72 and a two-hundred day moving average of $74.77. The stock has a market capitalization of $8.89 billion, a price-to-earnings ratio of 16.78 and a beta of 0.84.

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.