Ridgeline Wealth LLC Takes Position in iShares Europe ETF (NYSEARCA:IEV)

Ridgeline Wealth LLC bought a new position in iShares Europe ETF (NYSEARCA:IEV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 24,719 shares of the company’s stock, valued at approximately $1,287,000. iShares Europe ETF comprises approximately 1.0% of Ridgeline Wealth LLC’s investment portfolio, making the stock its 18th biggest position. Ridgeline Wealth LLC owned 0.08% of iShares Europe ETF at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Ashton Thomas Private Wealth LLC bought a new position in shares of iShares Europe ETF during the 2nd quarter valued at $27,000. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Europe ETF during the 3rd quarter valued at about $28,000. Mather Group LLC. increased its position in shares of iShares Europe ETF by 71.0% during the 3rd quarter. Mather Group LLC. now owns 1,710 shares of the company’s stock valued at $100,000 after purchasing an additional 710 shares during the last quarter. Cyndeo Wealth Partners LLC bought a new position in shares of iShares Europe ETF in the 3rd quarter worth approximately $211,000. Finally, Watershed Private Wealth LLC purchased a new position in shares of iShares Europe ETF in the third quarter worth approximately $244,000.

iShares Europe ETF Trading Up 1.1 %

IEV stock traded up $0.56 during midday trading on Monday, reaching $52.75. 161,650 shares of the company’s stock traded hands, compared to its average volume of 266,883. iShares Europe ETF has a 52-week low of $50.45 and a 52-week high of $59.06. The stock has a market cap of $1.61 billion, a P/E ratio of 16.09 and a beta of 0.83. The stock’s 50-day moving average is $53.67 and its 200 day moving average is $55.38.

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.