iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) Shares Up 0.7% – Should You Buy?

Shares of iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) traded up 0.7% on Tuesday . The stock traded as high as $57.16 and last traded at $57.15. 2,683 shares were traded during trading, a decline of 62% from the average session volume of 6,985 shares. The stock had previously closed at $56.75.

iShares MSCI Europe Small-Cap ETF Price Performance

The company’s 50-day moving average is $58.78 and its 200-day moving average is $58.18. The firm has a market capitalization of $97.16 million, a price-to-earnings ratio of 13.28 and a beta of 1.15.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Citizens Financial Group Inc. RI increased its position in iShares MSCI Europe Small-Cap ETF by 15.4% during the 1st quarter. Citizens Financial Group Inc. RI now owns 5,269 shares of the company’s stock worth $298,000 after purchasing an additional 704 shares in the last quarter. Brown Brothers Harriman & Co. purchased a new stake in iShares MSCI Europe Small-Cap ETF during the second quarter worth approximately $316,000. Atlas Capital Advisors LLC increased its position in shares of iShares MSCI Europe Small-Cap ETF by 15.5% in the second quarter. Atlas Capital Advisors LLC now owns 13,431 shares of the company’s stock worth $751,000 after acquiring an additional 1,803 shares in the last quarter. Finally, Pictet North America Advisors SA purchased a new position in shares of iShares MSCI Europe Small-Cap ETF in the 2nd quarter valued at $1,186,000.

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.