Cookson Peirce & Co. Inc. Boosts Stake in iShares Europe ETF $IEV

Cookson Peirce & Co. Inc. raised its position in iShares Europe ETF (NYSEARCA:IEV) by 70.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,649 shares of the company’s stock after buying an additional 4,413 shares during the period. Cookson Peirce & Co. Inc.’s holdings in iShares Europe ETF were worth $674,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SeaBridge Investment Advisors LLC purchased a new position in iShares Europe ETF in the 2nd quarter valued at about $3,068,000. Baird Financial Group Inc. purchased a new position in iShares Europe ETF in the 1st quarter valued at about $817,000. PNC Financial Services Group Inc. boosted its position in iShares Europe ETF by 7.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 23,777 shares of the company’s stock valued at $1,384,000 after buying an additional 1,557 shares during the last quarter. Barry Investment Advisors LLC boosted its position in iShares Europe ETF by 6.9% in the 2nd quarter. Barry Investment Advisors LLC now owns 84,189 shares of the company’s stock valued at $5,325,000 after buying an additional 5,455 shares during the last quarter. Finally, Brown Advisory Inc. purchased a new position in iShares Europe ETF in the 1st quarter valued at about $216,000.

iShares Europe ETF Price Performance

NYSEARCA:IEV opened at $66.21 on Thursday. iShares Europe ETF has a 1-year low of $51.30 and a 1-year high of $66.93. The firm has a 50-day moving average of $65.09 and a two-hundred day moving average of $62.79. The stock has a market cap of $1.58 billion, a P/E ratio of 16.48 and a beta of 0.92.

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.