EFG Asset Management Americas Corp. Cuts Stock Position in iShares Europe ETF $IEV

EFG Asset Management Americas Corp. lessened its holdings in iShares Europe ETF (NYSEARCA:IEV) by 15.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,735 shares of the company’s stock after selling 4,372 shares during the quarter. EFG Asset Management Americas Corp. owned 0.07% of iShares Europe ETF worth $1,501,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the business. Financially Speaking Inc bought a new position in iShares Europe ETF during the first quarter valued at about $40,000. Trust Co. of Vermont purchased a new position in iShares Europe ETF in the second quarter valued at about $58,000. Princeton Global Asset Management LLC bought a new position in shares of iShares Europe ETF during the 2nd quarter valued at approximately $103,000. Headlands Technologies LLC bought a new position in shares of iShares Europe ETF during the 1st quarter valued at approximately $106,000. Finally, Sutton Place Investors LLC purchased a new stake in shares of iShares Europe ETF during the 2nd quarter worth approximately $200,000.

iShares Europe ETF Trading Down 0.4%

NYSEARCA:IEV opened at $65.05 on Thursday. iShares Europe ETF has a 12 month low of $51.30 and a 12 month high of $67.94. The firm’s 50 day moving average is $65.88 and its 200 day moving average is $64.12. The stock has a market capitalization of $1.54 billion, a PE ratio of 16.48 and a beta of 0.91.

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.