iShares Europe ETF $IEV Shares Sold by FPC Investment Advisory Inc.

FPC Investment Advisory Inc. reduced its holdings in shares of iShares Europe ETF (NYSEARCA:IEV) by 12.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 88,113 shares of the company’s stock after selling 11,971 shares during the period. iShares Europe ETF accounts for about 3.5% of FPC Investment Advisory Inc.’s investment portfolio, making the stock its 9th biggest holding. FPC Investment Advisory Inc.’s holdings in iShares Europe ETF were worth $5,770,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Flow Traders U.S. LLC acquired a new stake in shares of iShares Europe ETF in the second quarter valued at $59,097,000. Barings LLC grew its stake in iShares Europe ETF by 6.0% during the 2nd quarter. Barings LLC now owns 723,437 shares of the company’s stock worth $45,757,000 after purchasing an additional 41,244 shares in the last quarter. Checchi Capital Advisers LLC grew its stake in iShares Europe ETF by 30.6% during the 2nd quarter. Checchi Capital Advisers LLC now owns 401,731 shares of the company’s stock worth $25,409,000 after purchasing an additional 94,166 shares in the last quarter. Jane Street Group LLC grew its stake in iShares Europe ETF by 121.3% during the 2nd 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 in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in iShares Europe ETF by 63.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 283,126 shares of the company’s stock worth $17,908,000 after purchasing an additional 110,024 shares during the period.

iShares Europe ETF Price Performance

IEV stock opened at $71.11 on Friday. The business’s 50-day moving average is $68.28 and its two-hundred day moving average is $66.00. The firm has a market capitalization of $1.71 billion, a P/E ratio of 16.48 and a beta of 0.91. iShares Europe ETF has a 1 year low of $51.30 and a 1 year high of $71.14.

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.