iShares Europe ETF (NYSEARCA:IEV – Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as $74.45 and last traded at $74.45, with a volume of 32997 shares changing hands. The stock had previously closed at $72.91.
iShares Europe ETF Stock Up 2.1%
The stock has a 50-day simple moving average of $72.67 and a 200-day simple moving average of $71.52. The firm has a market capitalization of $1.67 billion, a PE ratio of 16.48 and a beta of 0.81.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Europe ETF by 3,397.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 789,809 shares of the company’s stock valued at $54,181,000 after purchasing an additional 767,229 shares during the last quarter. Checchi Capital Advisers LLC increased its stake in shares of iShares Europe ETF by 377.2% in the first quarter. Checchi Capital Advisers LLC now owns 258,074 shares of the company’s stock worth $17,534,000 after purchasing an additional 203,995 shares in the last quarter. Jane Street Group LLC raised its position in shares of iShares Europe ETF by 121.3% in the second quarter. Jane Street Group LLC now owns 358,224 shares of the company’s stock valued at $22,658,000 after purchasing an additional 196,368 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of iShares Europe ETF by 1,249.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 130,014 shares of the company’s stock valued at $8,238,000 after buying an additional 120,376 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in iShares Europe ETF by 46.8% in the 4th quarter. LPL Financial LLC now owns 242,587 shares of the company’s stock worth $16,641,000 after buying an additional 77,339 shares during the period.
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.
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