JPMorgan Chase & Co. Sells 176,678 Shares of iShares Europe ETF $IEV

JPMorgan Chase & Co. cut its stake in shares of iShares Europe ETF (NYSEARCA:IEV) by 12.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,283,340 shares of the company’s stock after selling 176,678 shares during the period. JPMorgan Chase & Co. owned about 5.40% of iShares Europe ETF worth $84,033,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Cibc World Market Inc. raised its holdings in shares of iShares Europe ETF by 9.9% in the third quarter. Cibc World Market Inc. now owns 16,497 shares of the company’s stock valued at $1,080,000 after purchasing an additional 1,487 shares during the last quarter. swisspartners Advisors Ltd grew its position in iShares Europe ETF by 7.1% in the 3rd quarter. swisspartners Advisors Ltd now owns 11,150 shares of the company’s stock worth $732,000 after purchasing an additional 740 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in iShares Europe ETF by 2.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 289,724 shares of the company’s stock valued at $18,971,000 after buying an additional 6,598 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of iShares Europe ETF by 88.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 5,138 shares of the company’s stock worth $333,000 after buying an additional 2,413 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in shares of iShares Europe ETF by 13.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 20,436 shares of the company’s stock worth $1,338,000 after buying an additional 2,347 shares in the last quarter.

iShares Europe ETF Stock Down 0.4%

IEV stock opened at $73.52 on Tuesday. The firm has a market cap of $1.76 billion, a PE ratio of 16.48 and a beta of 0.91. The business has a 50 day moving average of $70.77 and a 200-day moving average of $67.45. iShares Europe ETF has a 12-month low of $51.30 and a 12-month high of $73.85.

About iShares Europe ETF

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.