Institute for Wealth Management LLC. Has $2.34 Million Holdings in iShares Europe ETF (NYSEARCA:IEV)

Institute for Wealth Management LLC. trimmed its position in iShares Europe ETF (NYSEARCA:IEV) by 0.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 44,982 shares of the company’s stock after selling 349 shares during the period. Institute for Wealth Management LLC.’s holdings in iShares Europe ETF were worth $2,342,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IEV. RPg Family Wealth Advisory LLC acquired a new position in iShares Europe ETF in the third quarter worth $28,000. Mather Group LLC. raised its position in shares of iShares Europe ETF by 71.0% during the third quarter. Mather Group LLC. now owns 1,710 shares of the company’s stock worth $100,000 after acquiring an additional 710 shares during the last quarter. Retirement Wealth Solutions LLC acquired a new position in shares of iShares Europe ETF during the fourth quarter valued at $138,000. Cyndeo Wealth Partners LLC bought a new position in iShares Europe ETF in the third quarter valued at about $211,000. Finally, Watershed Private Wealth LLC bought a new stake in iShares Europe ETF during the 3rd quarter worth about $244,000.

iShares Europe ETF Stock Performance

Shares of iShares Europe ETF stock opened at $55.92 on Friday. The firm has a fifty day moving average of $53.48 and a two-hundred day moving average of $55.16. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of 16.09 and a beta of 0.83. iShares Europe ETF has a 52 week low of $51.38 and a 52 week high of $59.06.

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.