UBS Group AG Decreases Stake in iShares Europe ETF $IEV

UBS Group AG reduced its stake in iShares Europe ETF (NYSEARCA:IEV) by 1.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 760,950 shares of the company’s stock after selling 11,781 shares during the period. UBS Group AG’s holdings in iShares Europe ETF were worth $52,201,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Sanctuary Advisors LLC increased its holdings in shares of iShares Europe ETF by 0.4% in the fourth quarter. Sanctuary Advisors LLC now owns 112,794 shares of the company’s stock valued at $7,738,000 after purchasing an additional 453 shares during the period. Dunhill Financial LLC increased its holdings in iShares Europe ETF by 906.1% in the 4th quarter. Dunhill Financial LLC now owns 3,451 shares of the company’s stock worth $237,000 after buying an additional 3,108 shares during the period. Legacy Capital Group California Inc. increased its holdings in iShares Europe ETF by 9.9% in the 4th quarter. Legacy Capital Group California Inc. now owns 5,207 shares of the company’s stock worth $357,000 after buying an additional 469 shares during the period. 5T Wealth LLC increased its holdings in iShares Europe ETF by 6.3% in the 4th quarter. 5T Wealth LLC now owns 12,485 shares of the company’s stock worth $856,000 after buying an additional 742 shares during the period. Finally, Institute for Wealth Management LLC. increased its holdings in iShares Europe ETF by 0.4% in the 4th quarter. Institute for Wealth Management LLC. now owns 43,632 shares of the company’s stock worth $2,993,000 after buying an additional 156 shares during the period.

iShares Europe ETF Trading Up 1.4%

Shares of NYSEARCA:IEV opened at $71.35 on Wednesday. iShares Europe ETF has a twelve month low of $60.58 and a twelve month high of $74.45. The company’s 50 day moving average is $70.08 and its 200 day moving average is $69.24. The company has a market cap of $1.71 billion, a PE ratio of 16.48 and a beta of 0.82.

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.