iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) Stock Price Down 1.4% – Here’s Why

iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS)’s stock price fell 1.4% during mid-day trading on Tuesday . The stock traded as low as $54.18 and last traded at $54.25. 31,146 shares changed hands during trading, an increase of 314% from the average session volume of 7,525 shares. The stock had previously closed at $55.04.

iShares MSCI Europe Small-Cap ETF Price Performance

The firm’s fifty day moving average price is $57.76 and its 200-day moving average price is $58.09. The company has a market capitalization of $92.23 million, a price-to-earnings ratio of 13.28 and a beta of 1.15.

Institutional Trading of iShares MSCI Europe Small-Cap ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. EP Wealth Advisors LLC acquired a new stake in iShares MSCI Europe Small-Cap ETF in the third quarter valued at $1,382,000. Brown Brothers Harriman & Co. bought a new stake in iShares MSCI Europe Small-Cap ETF during the second quarter valued at $316,000. Atlas Capital Advisors LLC boosted its position in iShares MSCI Europe Small-Cap ETF by 15.5% during the second quarter. Atlas Capital Advisors LLC now owns 13,431 shares of the company’s stock valued at $751,000 after acquiring an additional 1,803 shares during the last quarter. Pictet North America Advisors SA bought a new stake in iShares MSCI Europe Small-Cap ETF during the second quarter valued at $1,186,000. Finally, Citizens Financial Group Inc. RI boosted its position in iShares MSCI Europe Small-Cap ETF by 15.4% during the first quarter. Citizens Financial Group Inc. RI now owns 5,269 shares of the company’s stock valued at $298,000 after acquiring an additional 704 shares during the last quarter.

iShares MSCI Europe Small-Cap ETF Company Profile

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.