ETFs

Atomi Financial Group Inc. Acquires Shares in iShares Core MSCI Europe ETF

Published October 13, 2024

Atomi Financial Group Inc. has recently acquired a new position in the iShares Core MSCI Europe ETF (NYSEARCA:IEUR) during the third quarter, as disclosed in its latest Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,423 shares, representing an investment valued at approximately $269,000.

In addition to Atomi Financial Group Inc., numerous other hedge funds have also been active in buying and selling shares of this ETF. For instance, Western Pacific Wealth Management LP established a new stake in the iShares Core MSCI Europe ETF during the first quarter, investing around $25,000. Similarly, Headlands Technologies LLC and International Assets Investment Management LLC made new acquisitions in the second quarter, investing approximately $28,000 and $29,000, respectively. Arcadia Investment Management Corp MI enhanced its position in the ETF by 50% in the same period, now holding 675 shares valued at $38,000 after an additional purchase of 225 shares. Furthermore, Family Firm Inc. also bought a new stake worth about $76,000 during the second quarter.

Stock Performance of iShares Core MSCI Europe ETF

The iShares Core MSCI Europe ETF saw its stock open at $59.73 on a recent Friday. Over the past year, it has recorded a low of $47.10 and a high of $61.81. The ETF’s 50-day simple moving average stands at $59.26, while the 200-day moving average is at $58.45. It has a market capitalization of $5.00 billion, a price-to-earnings (PE) ratio of 15.22, and a beta of 0.85, highlighting its relatively stable performance compared to the broader market.

About iShares Core MSCI Europe ETF

The iShares Core MSCI Europe ETF (IEUR) is an exchange-traded fund that tracks the MSCI Europe IMI index, which is a market-cap-weighted index encompassing developed securities from Europe. Launched on June 10, 2014, it is managed by BlackRock, a prominent asset management firm.

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Atomi, iShares, Investment