iShares Europe ETF (NYSEARCA:IEV) Stake Lowered by Blue Trust Inc.

Blue Trust Inc. trimmed its position in shares of iShares Europe ETF (NYSEARCA:IEV) by 8.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 15,378 shares of the company’s stock after selling 1,336 shares during the quarter. Blue Trust Inc.’s holdings in iShares Europe ETF were worth $842,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Mather Group LLC. acquired a new stake in shares of iShares Europe ETF during the 1st quarter valued at about $53,000. SMI Advisory Services LLC acquired a new stake in shares of iShares Europe ETF in the 1st quarter valued at $3,422,000. Nvest Financial LLC lifted its stake in shares of iShares Europe ETF by 34.1% in the 1st quarter. Nvest Financial LLC now owns 39,236 shares of the company’s stock valued at $2,184,000 after purchasing an additional 9,984 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in iShares Europe ETF by 24.5% in the first quarter. Commonwealth Equity Services LLC now owns 49,597 shares of the company’s stock worth $2,761,000 after purchasing an additional 9,776 shares in the last quarter. Finally, Conservest Capital Advisors Inc. increased its position in iShares Europe ETF by 20.2% during the first quarter. Conservest Capital Advisors Inc. now owns 18,309 shares of the company’s stock worth $1,019,000 after buying an additional 3,073 shares during the last quarter.

iShares Europe ETF Price Performance

NYSEARCA IEV opened at $57.04 on Monday. iShares Europe ETF has a fifty-two week low of $45.43 and a fifty-two week high of $59.06. The stock’s 50-day moving average is $57.09 and its two-hundred day moving average is $56.17. The firm has a market cap of $1.74 billion, a P/E ratio of 16.09 and a beta of 0.83.

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.