Comerica Bank Decreases Stake in iShares MSCI Russia ETF (NYSEARCA:ERUS)

Comerica Bank reduced its holdings in iShares MSCI Russia ETF (NYSEARCA:ERUS) by 12.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 60,861 shares of the company’s stock after selling 8,800 shares during the period. Comerica Bank’s holdings in iShares MSCI Russia ETF were worth $2,688,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of ERUS. AGF Investments Inc. lifted its stake in shares of iShares MSCI Russia ETF by 104.7% in the second quarter. AGF Investments Inc. now owns 999 shares of the company’s stock worth $44,000 after buying an additional 511 shares in the last quarter. Jacobi Capital Management LLC lifted its stake in shares of iShares MSCI Russia ETF by 51.9% in the second quarter. Jacobi Capital Management LLC now owns 1,519 shares of the company’s stock worth $67,000 after buying an additional 519 shares in the last quarter. Bessemer Group Inc. purchased a new position in shares of iShares MSCI Russia ETF in the second quarter worth about $75,000. Bank of Montreal Can purchased a new position in shares of iShares MSCI Russia ETF in the second quarter worth about $91,000. Finally, Marshall Wace LLP purchased a new position in shares of iShares MSCI Russia ETF in the second quarter worth about $203,000.

NYSEARCA:ERUS opened at $45.29 on Thursday. The company’s 50-day moving average price is $49.24 and its 200-day moving average price is $45.94. iShares MSCI Russia ETF has a twelve month low of $35.34 and a twelve month high of $52.80.

See Also: What is a Leveraged Buyout (LBO)?

Want to see what other hedge funds are holding ERUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Russia ETF (NYSEARCA:ERUS).

Institutional Ownership by Quarter for iShares MSCI Russia ETF (NYSEARCA:ERUS)

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