5T Wealth LLC Increases Holdings in iShares Europe ETF $IEV

5T Wealth LLC increased its stake in shares of iShares Europe ETF (NYSEARCA:IEV) by 40.5% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 11,598 shares of the company’s stock after acquiring an additional 3,343 shares during the quarter. 5T Wealth LLC’s holdings in iShares Europe ETF were worth $734,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Carret Asset Management LLC lifted its position in iShares Europe ETF by 5.6% during the second quarter. Carret Asset Management LLC now owns 3,739 shares of the company’s stock worth $236,000 after buying an additional 199 shares in the last quarter. Spire Wealth Management raised its position in iShares Europe ETF by 504.1% in the second quarter. Spire Wealth Management now owns 4,102 shares of the company’s stock valued at $259,000 after purchasing an additional 3,423 shares during the period. Daymark Wealth Partners LLC raised its position in iShares Europe ETF by 6.8% in the second quarter. Daymark Wealth Partners LLC now owns 16,340 shares of the company’s stock valued at $1,034,000 after purchasing an additional 1,038 shares during the period. Envestnet Asset Management Inc. raised its position in iShares Europe ETF by 63.6% in the second quarter. Envestnet Asset Management Inc. now owns 283,126 shares of the company’s stock valued at $17,908,000 after purchasing an additional 110,024 shares during the period. Finally, Oppenheimer Asset Management Inc. purchased a new stake in iShares Europe ETF in the second quarter valued at $12,411,000.

iShares Europe ETF Stock Down 0.4%

NYSEARCA:IEV opened at $65.91 on Friday. iShares Europe ETF has a 52 week low of $51.30 and a 52 week high of $67.08. The company has a market capitalization of $1.57 billion, a P/E ratio of 16.48 and a beta of 0.91. The stock’s fifty day moving average is $65.35 and its two-hundred day moving average is $63.48.

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.