Avantax Advisory Services Inc. Makes New $2.40 Million Investment in iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS)

Avantax Advisory Services Inc. bought a new position in shares of iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) during the fourth quarter, HoldingsChannel.com reports. The firm bought 44,747 shares of the company’s stock, valued at approximately $2,401,000.

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

iShares MSCI Europe Small-Cap ETF Price Performance

Shares of IEUS opened at $59.20 on Monday. iShares MSCI Europe Small-Cap ETF has a 1 year low of $51.55 and a 1 year high of $61.44. The company has a 50 day simple moving average of $56.12 and a two-hundred day simple moving average of $56.66. The firm 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 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.