Farther Finance Advisors LLC Has $339,000 Stake in iShares Europe ETF (NYSEARCA:IEV)

Farther Finance Advisors LLC trimmed its stake in iShares Europe ETF (NYSEARCA:IEV) by 26.5% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,808 shares of the company’s stock after selling 2,096 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Europe ETF were worth $339,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IEV. Royal Bank of Canada grew its position in shares of iShares Europe ETF by 42.2% in the fourth quarter. Royal Bank of Canada now owns 540,499 shares of the company’s stock valued at $28,138,000 after purchasing an additional 160,380 shares during the last quarter. Jane Street Group LLC boosted its stake in iShares Europe ETF by 11.3% during the 4th quarter. Jane Street Group LLC now owns 452,238 shares of the company’s stock valued at $23,544,000 after purchasing an additional 46,067 shares during the period. Envestnet Asset Management Inc. grew its holdings in iShares Europe ETF by 305.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 228,039 shares of the company’s stock valued at $11,872,000 after buying an additional 171,836 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in iShares Europe ETF by 15.7% in the 4th quarter. Integrated Wealth Concepts LLC now owns 173,062 shares of the company’s stock valued at $9,010,000 after buying an additional 23,436 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its position in iShares Europe ETF by 18.3% in the 4th quarter. Sanctuary Advisors LLC now owns 121,793 shares of the company’s stock worth $6,811,000 after buying an additional 18,837 shares during the period.

iShares Europe ETF Stock Down 1.4%

Shares of IEV stock opened at $61.67 on Wednesday. iShares Europe ETF has a 12 month low of $51.30 and a 12 month high of $64.61. The firm has a market cap of $2.19 billion, a PE ratio of 17.18 and a beta of 0.90. The stock has a 50 day moving average of $61.13 and a 200-day moving average of $57.61.

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.