iShares Europe ETF $IEV Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC lessened its stake in iShares Europe ETF (NYSEARCA:IEV) by 14.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,307 shares of the company’s stock after selling 2,664 shares during the period. Hsbc Holdings PLC’s holdings in iShares Europe ETF were worth $949,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. bLong Financial LLC bought a new position in iShares Europe ETF in the 1st quarter valued at about $2,169,000. Lee Financial Co grew its position in iShares Europe ETF by 13.0% in the 1st quarter. Lee Financial Co now owns 4,428 shares of the company’s stock valued at $258,000 after buying an additional 510 shares in the last quarter. Cresset Asset Management LLC grew its position in iShares Europe ETF by 18.8% in the 1st quarter. Cresset Asset Management LLC now owns 5,698 shares of the company’s stock valued at $332,000 after buying an additional 900 shares in the last quarter. Cookson Peirce & Co. Inc. bought a new position in iShares Europe ETF in the 1st quarter valued at about $363,000. Finally, Rathbones Group PLC bought a new position in iShares Europe ETF in the 1st quarter valued at about $678,000.

iShares Europe ETF Stock Down 0.5%

Shares of IEV opened at $64.04 on Friday. The firm has a 50-day moving average price of $63.44 and a 200 day moving average price of $61.09. The firm has a market capitalization of $2.31 billion, a PE ratio of 16.48 and a beta of 0.92. iShares Europe ETF has a 52-week low of $51.30 and a 52-week high of $65.54.

iShares Europe ETF Company 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.