iShares Europe ETF $IEV Shares Bought by Nvest Financial LLC

Nvest Financial LLC grew its stake in shares of iShares Europe ETF (NYSEARCA:IEV) by 11.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 74,600 shares of the company’s stock after acquiring an additional 7,539 shares during the period. iShares Europe ETF makes up approximately 1.9% of Nvest Financial LLC’s portfolio, making the stock its 17th largest position. Nvest Financial LLC’s holdings in iShares Europe ETF were worth $5,068,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Europe ETF by 3,397.8% in the fourth 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 during the period. Jane Street Group LLC grew its position in iShares Europe ETF by 121.3% during the second quarter. Jane Street Group LLC now owns 358,224 shares of the company’s stock worth $22,658,000 after buying an additional 196,368 shares during the period. Ameriprise Financial Inc. increased its holdings in iShares Europe ETF by 1,249.0% in the second quarter. Ameriprise Financial Inc. now owns 130,014 shares of the company’s stock valued at $8,238,000 after buying an additional 120,376 shares in the last quarter. LPL Financial LLC increased its holdings in iShares Europe ETF by 46.8% in the fourth quarter. LPL Financial LLC now owns 242,587 shares of the company’s stock valued at $16,641,000 after buying an additional 77,339 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of iShares Europe ETF by 102.6% during the 3rd quarter. NewEdge Advisors LLC now owns 149,983 shares of the company’s stock valued at $9,821,000 after acquiring an additional 75,947 shares during the period.

iShares Europe ETF Stock Performance

IEV stock opened at $73.60 on Monday. The firm has a 50 day moving average of $72.25 and a 200-day moving average of $71.01. The company has a market cap of $1.65 billion, a price-to-earnings ratio of 16.48 and a beta of 0.81. iShares Europe ETF has a 12-month low of $60.97 and a 12-month high of $74.45.

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.