Nvest Financial LLC Has $2.06 Million Position in iShares Europe ETF (NYSEARCA:IEV)

Nvest Financial LLC lessened its position in iShares Europe ETF (NYSEARCA:IEV) by 14.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,543 shares of the company’s stock after selling 6,556 shares during the period. iShares Europe ETF comprises about 1.0% of Nvest Financial LLC’s portfolio, making the stock its 29th largest holding. Nvest Financial LLC owned 0.13% of iShares Europe ETF worth $2,059,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of IEV. JPMorgan Chase & Co. grew its holdings in iShares Europe ETF by 12.0% during the third quarter. JPMorgan Chase & Co. now owns 1,698,388 shares of the company’s stock worth $98,965,000 after purchasing an additional 182,168 shares during the period. Merit Financial Group LLC bought a new position in shares of iShares Europe ETF during the 4th quarter worth approximately $570,000. One Wealth Advisors LLC increased its holdings in shares of iShares Europe ETF by 0.9% during the 3rd quarter. One Wealth Advisors LLC now owns 122,707 shares of the company’s stock worth $7,150,000 after acquiring an additional 1,148 shares during the last quarter. FMR LLC raised its stake in iShares Europe ETF by 18.5% in the 3rd quarter. FMR LLC now owns 17,064 shares of the company’s stock valued at $994,000 after acquiring an additional 2,662 shares during the period. Finally, Dentgroup LLC lifted its holdings in iShares Europe ETF by 5.5% during the 3rd quarter. Dentgroup LLC now owns 11,216 shares of the company’s stock valued at $654,000 after purchasing an additional 585 shares during the last quarter.

iShares Europe ETF Price Performance

Shares of IEV opened at $55.22 on Wednesday. The firm has a market capitalization of $1.68 billion, a PE ratio of 16.09 and a beta of 0.83. iShares Europe ETF has a fifty-two week low of $51.38 and a fifty-two week high of $59.06. The company’s 50-day moving average is $53.37 and its 200-day moving average is $55.15.

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.