iShares Europe ETF $IEV Shares Sold by Truist Financial Corp

Truist Financial Corp lessened its stake in iShares Europe ETF (NYSEARCA:IEV) by 52.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 30,037 shares of the company’s stock after selling 33,473 shares during the quarter. Truist Financial Corp owned about 0.13% of iShares Europe ETF worth $2,061,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IEV. Bank of America Corp DE increased its position in iShares Europe ETF by 4.6% during the third quarter. Bank of America Corp DE now owns 472,737 shares of the company’s stock worth $30,955,000 after purchasing an additional 20,869 shares during the last quarter. Jane Street Group LLC increased its position in iShares Europe ETF by 121.3% during the second quarter. Jane Street Group LLC now owns 358,224 shares of the company’s stock worth $22,658,000 after purchasing an additional 196,368 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in iShares Europe ETF by 2.3% during the third quarter. Envestnet Asset Management Inc. now owns 289,724 shares of the company’s stock worth $18,971,000 after acquiring an additional 6,598 shares during the last quarter. NewEdge Advisors LLC increased its stake in iShares Europe ETF by 102.6% during the third quarter. NewEdge Advisors LLC now owns 149,983 shares of the company’s stock worth $9,821,000 after acquiring an additional 75,947 shares during the last quarter. Finally, New Wave Wealth Advisors LLC increased its stake in iShares Europe ETF by 2.1% during the fourth quarter. New Wave Wealth Advisors LLC now owns 133,613 shares of the company’s stock worth $9,166,000 after acquiring an additional 2,692 shares during the last quarter.

iShares Europe ETF Stock Up 0.6%

IEV stock opened at $72.04 on Thursday. The business has a fifty day moving average of $69.90 and a two-hundred day moving average of $69.48. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of 16.48 and a beta of 0.82. iShares Europe ETF has a 52-week low of $60.72 and a 52-week high of $74.45.

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.