5,938 Shares in iShares Europe ETF (NYSEARCA:IEV) Acquired by Advisory Research Inc.

Advisory Research Inc. purchased a new stake in shares of iShares Europe ETF (NYSEARCA:IEV) during the fourth quarter, Holdings Channel.com reports. The firm purchased 5,938 shares of the company’s stock, valued at approximately $309,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. JPMorgan Chase & Co. increased its holdings in iShares Europe ETF by 12.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,698,388 shares of the company’s stock worth $98,965,000 after buying an additional 182,168 shares during the period. Merit Financial Group LLC acquired a new stake in shares of iShares Europe ETF in the fourth quarter worth $570,000. Commonwealth Equity Services LLC increased its stake in shares of iShares Europe ETF by 9.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 11,608 shares of the company’s stock worth $604,000 after acquiring an additional 970 shares during the period. Mayflower Financial Advisors LLC raised its holdings in shares of iShares Europe ETF by 6.6% during the fourth quarter. Mayflower Financial Advisors LLC now owns 26,428 shares of the company’s stock worth $1,376,000 after purchasing an additional 1,632 shares during the last quarter. Finally, Ridgeline Wealth LLC acquired a new position in iShares Europe ETF during the fourth quarter valued at $1,287,000.

iShares Europe ETF Stock Performance

Shares of IEV opened at $57.28 on Thursday. The business’s 50-day moving average is $57.83 and its two-hundred day moving average is $55.63. The company has a market capitalization of $1.95 billion, a P/E ratio of 15.55 and a beta of 0.87. iShares Europe ETF has a fifty-two week low of $51.30 and a fifty-two week high of $60.79.

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.