Avantax Advisory Services Inc. Purchases New Stake in iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS)

Avantax Advisory Services Inc. purchased a new stake in shares of iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 44,747 shares of the company’s stock, valued at approximately $2,401,000. Avantax Advisory Services Inc. owned about 2.98% of iShares MSCI Europe Small-Cap ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IEUS. Raymond James Financial Inc. purchased a new position in iShares MSCI Europe Small-Cap ETF during the 4th quarter valued at $2,156,000. EP Wealth Advisors LLC purchased a new position in iShares MSCI Europe Small-Cap ETF during the 3rd quarter valued at $1,382,000. Drum Hill Capital LLC purchased a new position in iShares MSCI Europe Small-Cap ETF during the 4th quarter valued at $666,000. Cullen Frost Bankers Inc. purchased a new position in iShares MSCI Europe Small-Cap ETF during the 4th quarter valued at $211,000. Finally, PNC Financial Services Group Inc. purchased a new position in iShares MSCI Europe Small-Cap ETF during the 4th quarter valued at $88,000.

iShares MSCI Europe Small-Cap ETF Trading Up 2.6 %

Shares of iShares MSCI Europe Small-Cap ETF stock opened at $59.20 on Monday. The company’s fifty day simple moving average is $56.12 and its two-hundred day simple moving average is $56.66. The company has a market cap of $88.80 million, a P/E ratio of 14.02 and a beta of 1.15. iShares MSCI Europe Small-Cap ETF has a 12-month low of $51.55 and a 12-month high of $61.44.

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.