Tower Research Capital LLC TRC Takes $61,000 Position in iShares Core MSCI Europe ETF (NYSEARCA:IEUR)

Tower Research Capital LLC TRC purchased a new position in iShares Core MSCI Europe ETF (NYSEARCA:IEUR) during the fourth quarter, HoldingsChannel reports. The fund purchased 1,102 shares of the company’s stock, valued at approximately $61,000.

Several other hedge funds have also recently bought and sold shares of IEUR. Envestnet Asset Management Inc. raised its position in iShares Core MSCI Europe ETF by 18.5% during the third quarter. Envestnet Asset Management Inc. now owns 2,363,637 shares of the company’s stock worth $117,378,000 after acquiring an additional 369,768 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in iShares Core MSCI Europe ETF by 11.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,560,550 shares of the company’s stock worth $85,861,000 after buying an additional 157,280 shares in the last quarter. Financial Gravity Asset Management Inc. raised its holdings in shares of iShares Core MSCI Europe ETF by 2,357.4% in the third quarter. Financial Gravity Asset Management Inc. now owns 1,147,629 shares of the company’s stock worth $56,991,000 after acquiring an additional 1,100,929 shares during the last quarter. Mather Group LLC. lifted its position in shares of iShares Core MSCI Europe ETF by 2.7% in the third quarter. Mather Group LLC. now owns 1,073,162 shares of the company’s stock valued at $53,293,000 after acquiring an additional 28,624 shares in the last quarter. Finally, Elm Partners Management LLC boosted its stake in shares of iShares Core MSCI Europe ETF by 55.4% during the fourth quarter. Elm Partners Management LLC now owns 1,007,373 shares of the company’s stock valued at $55,426,000 after acquiring an additional 359,198 shares during the last quarter.

iShares Core MSCI Europe ETF Stock Performance

iShares Core MSCI Europe ETF stock traded up $0.15 during midday trading on Monday, reaching $57.26. 231,667 shares of the company were exchanged, compared to its average volume of 925,929. The company has a market capitalization of $4.45 billion, a price-to-earnings ratio of 15.09 and a beta of 0.85. The firm’s 50-day simple moving average is $56.75 and its 200-day simple moving average is $54.05. iShares Core MSCI Europe ETF has a 1 year low of $47.10 and a 1 year high of $58.21.

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.