Nvest Financial LLC Boosts Stock Position in iShares Europe ETF $IEV

Nvest Financial LLC lifted its stake in iShares Europe ETF (NYSEARCA:IEV) by 55.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 67,061 shares of the company’s stock after purchasing an additional 23,841 shares during the quarter. iShares Europe ETF comprises about 1.9% of Nvest Financial LLC’s holdings, making the stock its 16th largest holding. Nvest Financial LLC’s holdings in iShares Europe ETF were worth $4,600,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in IEV. Qube Research & Technologies Ltd grew its holdings in iShares Europe ETF by 434.9% in the 3rd quarter. Qube Research & Technologies Ltd now owns 444 shares of the company’s stock valued at $29,000 after buying an additional 361 shares in the last quarter. Allworth Financial LP increased its stake in shares of iShares Europe ETF by 51.8% in the 3rd quarter. Allworth Financial LP now owns 560 shares of the company’s stock worth $37,000 after acquiring an additional 191 shares during the last quarter. Harbor Investment Advisory LLC purchased a new position in shares of iShares Europe ETF during the 4th quarter worth $69,000. Tower Research Capital LLC TRC raised its holdings in shares of iShares Europe ETF by 4,317.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,237 shares of the company’s stock worth $78,000 after acquiring an additional 1,209 shares during the period. Finally, AE Wealth Management LLC acquired a new position in shares of iShares Europe ETF during the 3rd quarter valued at about $104,000.

iShares Europe ETF Trading Down 1.3%

Shares of IEV opened at $72.29 on Thursday. iShares Europe ETF has a 12-month low of $60.72 and a 12-month high of $74.45. The firm has a market capitalization of $1.73 billion, a P/E ratio of 16.48 and a beta of 0.82. The firm has a 50-day moving average price of $71.10 and a 200 day moving average price of $70.12.

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.