Raymond James Financial Inc. Invests $2.16 Million in iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS)

Raymond James Financial Inc. purchased a new position in shares of iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 40,191 shares of the company’s stock, valued at approximately $2,156,000.

Other institutional investors have also added to or reduced their stakes in the company. Cullen Frost Bankers Inc. bought a new position in iShares MSCI Europe Small-Cap ETF during the fourth quarter worth about $211,000. Drum Hill Capital LLC acquired a new position in shares of iShares MSCI Europe Small-Cap ETF during the 4th quarter worth approximately $666,000. Finally, EP Wealth Advisors LLC acquired a new position in shares of iShares MSCI Europe Small-Cap ETF during the 3rd quarter worth approximately $1,382,000.

iShares MSCI Europe Small-Cap ETF Stock Performance

NASDAQ:IEUS opened at $58.04 on Monday. The company has a market cap of $87.06 million, a price-to-earnings ratio of 13.48 and a beta of 1.15. iShares MSCI Europe Small-Cap ETF has a fifty-two week low of $51.55 and a fifty-two week high of $61.44. The stock has a fifty day moving average price of $57.31 and a 200-day moving average price of $56.68.

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.