Jacobs Equity LLC Acquires New Position in iShares Europe ETF $IEV

Jacobs Equity LLC acquired a new position in shares of iShares Europe ETF (NYSEARCA:IEV) during the fourth quarter, HoldingsChannel reports. The fund acquired 7,010 shares of the company’s stock, valued at approximately $481,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IEV. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Europe ETF by 3,397.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 789,809 shares of the company’s stock valued at $54,181,000 after acquiring an additional 767,229 shares during the period. Bank of America Corp DE increased its stake in iShares Europe ETF by 4.6% in the 3rd quarter. Bank of America Corp DE now owns 472,737 shares of the company’s stock valued at $30,955,000 after purchasing an additional 20,869 shares in the last quarter. Wells Fargo & Company MN increased its stake in iShares Europe ETF by 7.2% in the 4th quarter. Wells Fargo & Company MN now owns 462,135 shares of the company’s stock valued at $31,702,000 after purchasing an additional 31,213 shares in the last quarter. Jane Street Group LLC raised its holdings 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. Finally, LPL Financial LLC raised its holdings in iShares Europe ETF by 46.8% during the fourth quarter. LPL Financial LLC now owns 242,587 shares of the company’s stock worth $16,641,000 after purchasing an additional 77,339 shares during the last quarter.

iShares Europe ETF Stock Performance

IEV opened at $72.40 on Friday. The company has a market cap of $1.74 billion, a price-to-earnings ratio of 16.48 and a beta of 0.81. iShares Europe ETF has a one year low of $60.72 and a one year high of $74.45. The business’s fifty day moving average is $72.19 and its two-hundred day moving average is $70.64.

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.