iShares Europe ETF (NYSEARCA:IEV) Stake Reduced by Wells Fargo & Company MN

Wells Fargo & Company MN decreased its holdings in shares of iShares Europe ETF (NYSEARCA:IEV) by 10.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 212,601 shares of the company’s stock after selling 24,040 shares during the period. Wells Fargo & Company MN owned approximately 0.70% of iShares Europe ETF worth $11,068,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Truist Financial Corp raised its holdings in shares of iShares Europe ETF by 5.7% during the fourth quarter. Truist Financial Corp now owns 4,607 shares of the company’s stock valued at $240,000 after acquiring an additional 250 shares during the period. EverSource Wealth Advisors LLC raised its stake in iShares Europe ETF by 4.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 6,519 shares of the company’s stock valued at $339,000 after purchasing an additional 294 shares during the period. Avantax Advisory Services Inc. lifted its holdings in shares of iShares Europe ETF by 10.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 4,765 shares of the company’s stock valued at $248,000 after purchasing an additional 454 shares in the last quarter. Palisades Hudson Asset Management L.P. grew its holdings in shares of iShares Europe ETF by 1.4% during the fourth quarter. Palisades Hudson Asset Management L.P. now owns 42,227 shares of the company’s stock valued at $2,198,000 after buying an additional 579 shares in the last quarter. Finally, Lansing Street Advisors grew its holdings in shares of iShares Europe ETF by 8.9% during the fourth quarter. Lansing Street Advisors now owns 7,120 shares of the company’s stock valued at $371,000 after buying an additional 584 shares in the last quarter.

iShares Europe ETF Trading Up 1.0 %

Shares of iShares Europe ETF stock opened at $57.43 on Wednesday. The company has a market cap of $1.96 billion, a P/E ratio of 15.55 and a beta of 0.87. The stock has a 50-day moving average price of $57.79 and a 200 day moving average price of $55.62. iShares Europe ETF has a 1 year low of $51.30 and a 1 year high of $60.79.

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.