MAI Capital Management Has $311,000 Stock Holdings in iShares Europe ETF $IEV

MAI Capital Management increased its stake in iShares Europe ETF (NYSEARCA:IEV) by 582.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,909 shares of the company’s stock after buying an additional 4,190 shares during the quarter. MAI Capital Management’s holdings in iShares Europe ETF were worth $311,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. KM Capital Management Ltd. raised its position in shares of iShares Europe ETF by 2.5% in the second quarter. KM Capital Management Ltd. now owns 91,309 shares of the company’s stock valued at $5,775,000 after buying an additional 2,244 shares in the last quarter. Envestnet Asset Management Inc. increased its position in iShares Europe ETF by 63.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 283,126 shares of the company’s stock valued at $17,908,000 after acquiring an additional 110,024 shares during the period. SeaBridge Investment Advisors LLC acquired a new stake in shares of iShares Europe ETF in the second quarter valued at about $3,068,000. Baird Financial Group Inc. bought a new position in shares of iShares Europe ETF in the 1st quarter worth about $817,000. Finally, Barry Investment Advisors LLC lifted its position in shares of iShares Europe ETF by 6.9% during the 2nd quarter. Barry Investment Advisors LLC now owns 84,189 shares of the company’s stock valued at $5,325,000 after acquiring an additional 5,455 shares during the period.

iShares Europe ETF Stock Up 1.0%

NYSEARCA IEV opened at $66.75 on Thursday. The company has a market cap of $1.59 billion, a price-to-earnings ratio of 16.48 and a beta of 0.91. iShares Europe ETF has a 52 week low of $51.30 and a 52 week high of $67.94. The business has a 50 day moving average price of $65.92 and a 200-day moving average price of $64.27.

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.