Baird Financial Group Inc. Takes $817,000 Position in iShares Europe ETF $IEV

Baird Financial Group Inc. purchased a new stake in shares of iShares Europe ETF (NYSEARCA:IEV) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 14,033 shares of the company’s stock, valued at approximately $817,000.

Several other institutional investors have also made changes to their positions in the company. Daymark Wealth Partners LLC lifted its holdings in shares of iShares Europe ETF by 1.5% during the 1st quarter. Daymark Wealth Partners LLC now owns 15,302 shares of the company’s stock valued at $891,000 after buying an additional 226 shares during the last quarter. CreativeOne Wealth LLC lifted its position in shares of iShares Europe ETF by 5.4% in the first quarter. CreativeOne Wealth LLC now owns 6,791 shares of the company’s stock worth $395,000 after buying an additional 348 shares during the last quarter. Missouri Trust & Investment Co lifted its position in shares of iShares Europe ETF by 57.0% in the first quarter. Missouri Trust & Investment Co now owns 1,005 shares of the company’s stock worth $58,000 after buying an additional 365 shares during the last quarter. Lee Financial Co lifted its position in shares of iShares Europe ETF by 13.0% in the first quarter. Lee Financial Co now owns 4,428 shares of the company’s stock worth $258,000 after buying an additional 510 shares during the last quarter. Finally, Banco Santander S.A. raised its stake in shares of iShares Europe ETF by 14.4% in the 1st quarter. Banco Santander S.A. now owns 4,438 shares of the company’s stock valued at $258,000 after acquiring an additional 560 shares in the last quarter.

iShares Europe ETF Stock Performance

Shares of IEV stock opened at $64.55 on Wednesday. The stock’s 50 day simple moving average is $63.64 and its 200 day simple moving average is $61.39. iShares Europe ETF has a twelve month low of $51.30 and a twelve month high of $65.54. The company has a market capitalization of $2.33 billion, a price-to-earnings ratio of 16.48 and a beta of 0.92.

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.