Advisory Services Network LLC Has $525,000 Stock Position in iShares Europe ETF (NYSEARCA:IEV)

Advisory Services Network LLC lowered its stake in shares of iShares Europe ETF (NYSEARCA:IEV) by 8.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,079 shares of the company’s stock after selling 873 shares during the period. Advisory Services Network LLC’s holdings in iShares Europe ETF were worth $525,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in IEV. JPMorgan Chase & Co. lifted its stake in iShares Europe ETF by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 1,698,388 shares of the company’s stock valued at $98,965,000 after acquiring an additional 182,168 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares Europe ETF by 305.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 228,039 shares of the company’s stock valued at $11,872,000 after purchasing an additional 171,836 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new stake in iShares Europe ETF in the 4th quarter valued at about $2,813,000. Ashton Thomas Private Wealth LLC bought a new position in iShares Europe ETF during the fourth quarter worth about $2,287,000. Finally, Ridgeline Wealth LLC acquired a new position in iShares Europe ETF during the fourth quarter worth approximately $1,287,000.

iShares Europe ETF Stock Up 1.0 %

IEV opened at $57.43 on Wednesday. The business has a 50 day moving average of $57.79 and a 200-day moving average of $55.62. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 15.55 and a beta of 0.87. iShares Europe ETF has a 12-month low of $51.30 and a 12-month high of $60.79.

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.