iShares Europe ETF $IEV Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC cut its stake in iShares Europe ETF (NYSEARCA:IEV) by 77.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,319 shares of the company’s stock after selling 65,643 shares during the quarter. NewEdge Advisors LLC owned about 0.08% of iShares Europe ETF worth $1,313,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its holdings in iShares Europe ETF by 3,397.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 789,809 shares of the company’s stock valued at $54,181,000 after purchasing an additional 767,229 shares in the last quarter. Checchi Capital Advisers LLC raised its holdings in iShares Europe ETF by 377.2% in the first quarter. Checchi Capital Advisers LLC now owns 258,074 shares of the company’s stock valued at $17,534,000 after acquiring an additional 203,995 shares in the last quarter. Jane Street Group LLC boosted its stake in iShares Europe ETF by 121.3% during the 2nd quarter. Jane Street Group LLC now owns 358,224 shares of the company’s stock valued at $22,658,000 after acquiring an additional 196,368 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in iShares Europe ETF by 1,249.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 130,014 shares of the company’s stock valued at $8,238,000 after acquiring an additional 120,376 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in iShares Europe ETF by 46.8% during the 4th quarter. LPL Financial LLC now owns 242,587 shares of the company’s stock worth $16,641,000 after acquiring an additional 77,339 shares in the last quarter.

iShares Europe ETF Price Performance

Shares of IEV stock opened at $75.63 on Monday. The firm has a fifty day moving average of $73.24 and a two-hundred day moving average of $71.91. The firm has a market cap of $1.70 billion, a P/E ratio of 16.48 and a beta of 0.81. iShares Europe ETF has a 1-year low of $62.75 and a 1-year high of $76.07.

iShares Europe ETF Profile

iShares Europe ETF (the Fund), formerly iShares S&P Europe 350 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Europe 350 (the Index). The Index measures the performance of the stocks of companies in the countries, which includes Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.