ShoreHaven Wealth Partners LLC Reduces Holdings in iShares Europe ETF (NYSEARCA:IEV)

ShoreHaven Wealth Partners LLC cut its stake in iShares Europe ETF (NYSEARCA:IEV) by 3.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,997 shares of the company’s stock after selling 1,143 shares during the period. iShares Europe ETF comprises approximately 0.8% of ShoreHaven Wealth Partners LLC’s portfolio, making the stock its 28th largest position. ShoreHaven Wealth Partners LLC owned approximately 0.11% of iShares Europe ETF worth $1,718,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in IEV. RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares Europe ETF in the 3rd quarter valued at about $28,000. Retirement Wealth Solutions LLC purchased a new stake in iShares Europe ETF in the fourth quarter valued at approximately $138,000. Cyndeo Wealth Partners LLC acquired a new stake in shares of iShares Europe ETF in the third quarter valued at approximately $211,000. Perigon Wealth Management LLC purchased a new position in shares of iShares Europe ETF during the fourth quarter worth approximately $261,000. Finally, Unique Wealth LLC acquired a new position in shares of iShares Europe ETF in the 4th quarter valued at $268,000.

iShares Europe ETF Price Performance

IEV stock opened at $57.58 on Friday. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 16.09 and a beta of 0.83. The company has a fifty day moving average price of $53.87 and a 200 day moving average price of $55.16. iShares Europe ETF has a 12 month low of $51.38 and a 12 month high of $59.06.

iShares Europe ETF 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.