First Horizon Advisors Inc. Decreases Stake in iShares Europe ETF (NYSEARCA:IEV)

First Horizon Advisors Inc. lowered its position in iShares Europe ETF (NYSEARCA:IEV) by 11.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 4,200 shares of the company’s stock after selling 546 shares during the period. First Horizon Advisors Inc.’s holdings in iShares Europe ETF were worth $222,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IEV. Provence Wealth Management Group purchased a new position in iShares Europe ETF during the third quarter worth approximately $32,000. Baystate Wealth Management LLC raised its holdings in shares of iShares Europe ETF by 511.3% during the 3rd quarter. Baystate Wealth Management LLC now owns 758 shares of the company’s stock worth $36,000 after acquiring an additional 634 shares during the period. Larson Financial Group LLC acquired a new position in shares of iShares Europe ETF during the 3rd quarter valued at about $45,000. Systematic Alpha Investments LLC purchased a new stake in shares of iShares Europe ETF in the third quarter valued at about $76,000. Finally, Ramirez Asset Management Inc. purchased a new stake in shares of iShares Europe ETF in the third quarter valued at about $172,000.

iShares Europe ETF Stock Up 0.9 %

IEV stock opened at $55.22 on Monday. iShares Europe ETF has a 52-week low of $45.43 and a 52-week high of $55.90. The business has a fifty day moving average of $54.76 and a two-hundred day moving average of $52.25. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 15.32 and a beta of 0.80.

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.