Raymond James & Associates trimmed its stake in iShares Europe ETF (NYSEARCA:IEV – Free Report) by 6.6% in the second quarter, HoldingsChannel.com reports. The firm owned 14,110 shares of the company’s stock after selling 1,003 shares during the period. Raymond James & Associates’ holdings in iShares Europe ETF were worth $713,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of IEV. Stelac Advisory Services LLC increased its holdings in iShares Europe ETF by 1.5% in the first quarter. Stelac Advisory Services LLC now owns 104,233 shares of the company’s stock valued at $5,237,000 after purchasing an additional 1,505 shares during the period. HighTower Advisors LLC increased its holdings in iShares Europe ETF by 5.0% in the first quarter. HighTower Advisors LLC now owns 5,929 shares of the company’s stock valued at $298,000 after purchasing an additional 284 shares during the period. BlackRock Inc. increased its holdings in iShares Europe ETF by 1.3% in the first quarter. BlackRock Inc. now owns 12,927,582 shares of the company’s stock valued at $649,482,000 after purchasing an additional 164,515 shares during the period. Cetera Investment Advisers bought a new stake in iShares Europe ETF during the first quarter valued at $2,464,000. Finally, Flow Traders U.S. LLC boosted its position in iShares Europe ETF by 122.6% during the first quarter. Flow Traders U.S. LLC now owns 247,339 shares of the company’s stock valued at $12,426,000 after acquiring an additional 136,238 shares during the last quarter.
iShares Europe ETF Trading Down 0.2 %
Shares of IEV opened at $47.80 on Tuesday. The stock has a market capitalization of $1.60 billion, a P/E ratio of 14.45 and a beta of 0.92. The firm’s fifty day simple moving average is $47.94 and its two-hundred day simple moving average is $49.69. iShares Europe ETF has a 12 month low of $41.87 and a 12 month high of $52.37.
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.
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