EFG Asset Management Americas Corp. Trims Stake in iShares Europe ETF $IEV

EFG Asset Management Americas Corp. reduced its holdings in iShares Europe ETF (NYSEARCA:IEV) by 15.6% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,735 shares of the company’s stock after selling 4,372 shares during the quarter. EFG Asset Management Americas Corp.’s holdings in iShares Europe ETF were worth $1,501,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of IEV. Barings LLC raised its stake in iShares Europe ETF by 3,871.3% in the first quarter. Barings LLC now owns 682,193 shares of the company’s stock valued at $39,704,000 after purchasing an additional 665,015 shares in the last quarter. LPL Financial LLC increased its holdings in shares of iShares Europe ETF by 247.6% in the 1st quarter. LPL Financial LLC now owns 406,035 shares of the company’s stock worth $23,631,000 after buying an additional 289,228 shares during the last quarter. Oppenheimer Asset Management Inc. purchased a new stake in shares of iShares Europe ETF during the 2nd quarter valued at $12,411,000. TABR Capital Management LLC purchased a new stake in shares of iShares Europe ETF during the 2nd quarter valued at $11,155,000. Finally, Black Swift Group LLC bought a new stake in shares of iShares Europe ETF during the 2nd quarter worth $11,131,000.

iShares Europe ETF Stock Down 0.4%

IEV opened at $65.05 on Thursday. The stock has a market cap of $1.54 billion, a PE ratio of 16.48 and a beta of 0.91. iShares Europe ETF has a 52 week low of $51.30 and a 52 week high of $67.94. The business’s fifty day simple moving average is $65.88 and its 200 day simple moving average is $64.12.

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.