Nvest Financial LLC Has $2.51 Million Holdings in iShares Europe ETF (NYSEARCA:IEV)

Nvest Financial LLC boosted its stake in iShares Europe ETF (NYSEARCA:IEV) by 8.9% in the first quarter, HoldingsChannel reports. The firm owned 43,075 shares of the company’s stock after acquiring an additional 3,532 shares during the period. iShares Europe ETF accounts for about 1.3% of Nvest Financial LLC’s holdings, making the stock its 27th biggest position. Nvest Financial LLC’s holdings in iShares Europe ETF were worth $2,507,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in IEV. Truist Financial Corp increased its stake in iShares Europe ETF by 5.7% in the fourth quarter. Truist Financial Corp now owns 4,607 shares of the company’s stock valued at $240,000 after purchasing an additional 250 shares in the last quarter. First Horizon Advisors Inc. grew its holdings in shares of iShares Europe ETF by 73.4% in the 4th quarter. First Horizon Advisors Inc. now owns 5,201 shares of the company’s stock valued at $271,000 after buying an additional 2,201 shares during the period. Wealthspire Advisors LLC increased its position in shares of iShares Europe ETF by 245.7% in the 4th quarter. Wealthspire Advisors LLC now owns 17,024 shares of the company’s stock valued at $886,000 after buying an additional 12,099 shares in the last quarter. WealthShield Partners LLC bought a new stake in shares of iShares Europe ETF in the 4th quarter valued at $58,000. Finally, Jones Financial Companies Lllp raised its stake in iShares Europe ETF by 50.3% during the 4th quarter. Jones Financial Companies Lllp now owns 2,159 shares of the company’s stock worth $112,000 after buying an additional 723 shares during the period.

iShares Europe ETF Trading Down 0.8%

IEV stock opened at $62.07 on Thursday. iShares Europe ETF has a 1-year low of $51.30 and a 1-year high of $64.61. The firm has a market cap of $2.21 billion, a PE ratio of 17.18 and a beta of 0.90. The business’s 50-day moving average price is $61.77 and its two-hundred day moving average price is $57.89.

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.