ABC Arbitrage SA Reduces Holdings in iShares Europe ETF $IEV

ABC Arbitrage SA cut its position in iShares Europe ETF (NYSEARCA:IEV) by 75.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,446 shares of the company’s stock after selling 10,484 shares during the quarter. ABC Arbitrage SA’s holdings in iShares Europe ETF were worth $226,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Flow Traders U.S. LLC purchased a new position in iShares Europe ETF in the 2nd quarter valued at about $59,097,000. Jane Street Group LLC boosted its holdings in iShares Europe ETF by 121.3% in the second quarter. Jane Street Group LLC now owns 358,224 shares of the company’s stock valued at $22,658,000 after purchasing an additional 196,368 shares during the last quarter. Oppenheimer Asset Management Inc. acquired a new stake in iShares Europe ETF during the 2nd quarter valued at approximately $12,411,000. Black Swift Group LLC purchased a new stake in iShares Europe ETF during the 2nd quarter worth approximately $11,131,000. Finally, Ameriprise Financial Inc. raised its position in shares of iShares Europe ETF by 1,249.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 130,014 shares of the company’s stock valued at $8,238,000 after purchasing an additional 120,376 shares in the last quarter.

iShares Europe ETF Trading Up 0.4%

IEV stock opened at $73.31 on Thursday. The firm has a 50 day simple moving average of $69.92 and a 200-day simple moving average of $66.81. The company has a market capitalization of $1.76 billion, a P/E ratio of 16.48 and a beta of 0.91. iShares Europe ETF has a twelve month low of $51.30 and a twelve month high of $73.45.

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.