Park Avenue Securities LLC Acquires New Stake in iShares Europe ETF $IEV

Park Avenue Securities LLC acquired a new stake in shares of iShares Europe ETF (NYSEARCA:IEV) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 43,403 shares of the company’s stock, valued at approximately $3,087,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IEV. Power Wealth Management LLC bought a new position in shares of iShares Europe ETF in the 2nd quarter worth approximately $857,000. Nvest Financial LLC lifted its stake in shares of iShares Europe ETF by 11.2% in the 1st quarter. Nvest Financial LLC now owns 74,600 shares of the company’s stock valued at $5,068,000 after purchasing an additional 7,539 shares during the period. Sax Wealth Advisors LLC bought a new stake in shares of iShares Europe ETF during the second quarter valued at approximately $458,000. Hibernia Wealth Partners LLC bought a new stake in shares of iShares Europe ETF during the first quarter valued at approximately $1,083,000. Finally, Dorsey Wright & Associates boosted its position in shares of iShares Europe ETF by 102.3% during the first quarter. Dorsey Wright & Associates now owns 89,822 shares of the company’s stock valued at $6,103,000 after purchasing an additional 45,425 shares in the last quarter.

iShares Europe ETF Stock Down 0.7%

Shares of IEV stock opened at $71.73 on Friday. The stock has a market cap of $1.56 billion, a price-to-earnings ratio of 16.48 and a beta of 0.81. The business’s fifty day moving average is $72.54 and its 200 day moving average is $72.08. iShares Europe ETF has a twelve month low of $64.17 and a twelve month high of $76.32.

iShares Europe ETF Company 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.