WestEnd Advisors LLC Purchases New Stake in iShares Core MSCI Europe ETF $IEUR

WestEnd Advisors LLC acquired a new position in shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 4,933,437 shares of the company’s stock, valued at approximately $363,595,000. iShares Core MSCI Europe ETF makes up 8.0% of WestEnd Advisors LLC’s holdings, making the stock its 2nd biggest holding. WestEnd Advisors LLC owned about 3.86% of iShares Core MSCI Europe ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its holdings in iShares Core MSCI Europe ETF by 95.0% in the 1st quarter. Bank of America Corp DE now owns 7,579,128 shares of the company’s stock valued at $532,585,000 after buying an additional 3,691,520 shares in the last quarter. Mather Group LLC. purchased a new position in shares of iShares Core MSCI Europe ETF during the 3rd quarter worth $73,701,000. Assetmark Inc. raised its holdings in shares of iShares Core MSCI Europe ETF by 26.7% during the 1st quarter. Assetmark Inc. now owns 2,380,720 shares of the company’s stock worth $167,293,000 after acquiring an additional 501,422 shares during the period. Royal Bank of Canada raised its holdings in shares of iShares Core MSCI Europe ETF by 53.7% during the 1st quarter. Royal Bank of Canada now owns 1,229,530 shares of the company’s stock worth $86,399,000 after acquiring an additional 429,717 shares during the period. Finally, Stonebridge Financial Group LLC acquired a new position in shares of iShares Core MSCI Europe ETF during the 3rd quarter valued at about $28,302,000.

iShares Core MSCI Europe ETF Trading Up 0.6%

Shares of IEUR stock opened at $73.91 on Wednesday. The company’s 50-day moving average price is $75.31 and its 200-day moving average price is $74.58. The stock has a market cap of $9.45 billion, a price-to-earnings ratio of 16.78 and a beta of 0.83. iShares Core MSCI Europe ETF has a twelve month low of $66.45 and a twelve month high of $78.90.

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.