Tower Research Capital LLC TRC Purchases New Stake in iShares Europe ETF (NYSEARCA:IEV)

Tower Research Capital LLC TRC bought a new stake in iShares Europe ETF (NYSEARCA:IEV) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,443 shares of the company’s stock, valued at approximately $75,000.

Several other institutional investors also recently made changes to their positions in IEV. Harbour Investments Inc. acquired a new stake in shares of iShares Europe ETF in the fourth quarter valued at about $47,000. BTG Pactual Asset Management US LLC purchased a new position in iShares Europe ETF in the fourth quarter valued at about $57,000. WealthShield Partners LLC acquired a new stake in shares of iShares Europe ETF during the 4th quarter valued at approximately $58,000. Bank Julius Baer & Co. Ltd Zurich boosted its stake in shares of iShares Europe ETF by 125.9% during the 4th 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. Finally, Jones Financial Companies Lllp grew its holdings in shares of iShares Europe ETF by 50.3% in the 4th quarter. Jones Financial Companies Lllp now owns 2,159 shares of the company’s stock worth $112,000 after acquiring an additional 723 shares during the period.

iShares Europe ETF Stock Performance

Shares of IEV stock opened at $61.06 on Friday. The stock has a fifty day moving average price of $58.54 and a 200 day moving average price of $55.97. The stock has a market cap of $2.08 billion, a PE ratio of 17.33 and a beta of 0.87. iShares Europe ETF has a 1 year low of $51.30 and a 1 year high of $61.52.

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.