Wealth Alliance LLC Reduces Stake in iShares Europe ETF $IEV

Wealth Alliance LLC reduced its stake in shares of iShares Europe ETF (NYSEARCA:IEV) by 5.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,769 shares of the company’s stock after selling 1,837 shares during the quarter. Wealth Alliance LLC’s holdings in iShares Europe ETF were worth $1,883,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of IEV. Envestnet Asset Management Inc. raised 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 valued at $17,908,000 after buying an additional 110,024 shares during the period. SeaBridge Investment Advisors LLC bought a new position in iShares Europe ETF during the second quarter valued at $3,068,000. Baird Financial Group Inc. bought a new position in iShares Europe ETF during the first quarter valued at $817,000. Barry Investment Advisors LLC raised its stake in shares of iShares Europe ETF by 6.9% in the second quarter. Barry Investment Advisors LLC now owns 84,189 shares of the company’s stock valued at $5,325,000 after acquiring an additional 5,455 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of 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 worth $1,384,000 after acquiring an additional 1,557 shares during the last quarter.

iShares Europe ETF Trading Up 1.1%

IEV stock opened at $67.35 on Wednesday. The stock has a market cap of $1.60 billion, a PE ratio of 16.48 and a beta of 0.91. iShares Europe ETF has a 12 month low of $51.30 and a 12 month high of $67.45. The company has a 50-day moving average price of $65.62 and a 200 day moving average price of $63.89.

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.