Independent Advisor Alliance Takes Position in iShares Europe ETF (NYSEARCA:IEV)

Independent Advisor Alliance bought a new position in shares of iShares Europe ETF (NYSEARCA:IEV) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 7,433 shares of the company’s stock, valued at approximately $387,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Bank Julius Baer & Co. Ltd Zurich raised its position in iShares Europe ETF by 125.9% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,561 shares of the company’s stock worth $83,000 after acquiring an additional 870 shares in the last quarter. EFG Asset Management Americas Corp. raised its position in iShares Europe ETF by 14.7% in the fourth quarter. EFG Asset Management Americas Corp. now owns 22,281 shares of the company’s stock worth $1,160,000 after acquiring an additional 2,863 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in iShares Europe ETF in the fourth quarter worth about $2,287,000. Raymond James Financial Inc. bought a new stake in iShares Europe ETF in the fourth quarter worth about $1,072,000. Finally, SBI Securities Co. Ltd. bought a new stake in iShares Europe ETF in the fourth quarter worth about $227,000.

iShares Europe ETF Trading Up 1.0 %

Shares of iShares Europe ETF stock opened at $60.42 on Tuesday. The company’s 50-day moving average price is $56.42 and its two-hundred day moving average price is $55.61. iShares Europe ETF has a 52 week low of $51.38 and a 52 week high of $60.66. The stock has a market cap of $1.80 billion, a PE ratio of 18.22 and a beta of 0.93.

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.