Obermeyer Wealth Partners Purchases 40,976 Shares of iShares Europe ETF $IEV

Obermeyer Wealth Partners bought a new position in shares of iShares Europe ETF (NYSEARCA:IEV) during the third quarter, HoldingsChannel.com reports. The firm bought 40,976 shares of the company’s stock, valued at approximately $2,915,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IEV. Checchi Capital Advisers LLC lifted its holdings in shares of iShares Europe ETF by 377.2% during the 1st quarter. Checchi Capital Advisers LLC now owns 258,074 shares of the company’s stock valued at $17,534,000 after purchasing an additional 203,995 shares in the last quarter. Dorsey Wright & Associates grew its holdings in shares of iShares Europe ETF by 102.3% in the 1st quarter. Dorsey Wright & Associates now owns 89,822 shares of the company’s stock valued at $6,103,000 after acquiring an additional 45,425 shares in the last quarter. Bank of America Corp DE boosted its position in iShares Europe ETF by 8.0% during the first quarter. Bank of America Corp DE now owns 367,474 shares of the company’s stock valued at $24,966,000 after purchasing an additional 27,139 shares during the last quarter. HB Wealth Management LLC bought a new position in iShares Europe ETF in the first quarter valued at approximately $1,683,000. Finally, Hibernia Wealth Partners LLC bought a new position in iShares Europe ETF in the first quarter valued at approximately $1,083,000.

iShares Europe ETF Stock Up 0.4%

NYSEARCA:IEV opened at $71.72 on Thursday. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of 16.48 and a beta of 0.81. iShares Europe ETF has a twelve month low of $64.17 and a twelve month high of $76.32. The stock’s 50 day moving average price is $73.09 and its two-hundred day moving average price is $72.73.

iShares Europe ETF 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.