iShares Europe ETF (NYSEARCA:IEV) Shares Bought by SMI Advisory Services LLC

SMI Advisory Services LLC increased its stake in iShares Europe ETF (NYSEARCA:IEV) by 13.5% during the 4th quarter, HoldingsChannel reports. The firm owned 39,701 shares of the company’s stock after acquiring an additional 4,718 shares during the period. iShares Europe ETF comprises 0.5% of SMI Advisory Services LLC’s holdings, making the stock its 25th largest position. SMI Advisory Services LLC’s holdings in iShares Europe ETF were worth $2,062,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Europe ETF in the 3rd quarter worth approximately $28,000. Mather Group LLC. raised its stake in iShares Europe ETF by 71.0% during the 3rd quarter. Mather Group LLC. now owns 1,710 shares of the company’s stock valued at $100,000 after acquiring an additional 710 shares in the last quarter. Retirement Wealth Solutions LLC bought a new stake in iShares Europe ETF during the 4th quarter valued at $138,000. Cyndeo Wealth Partners LLC bought a new stake in iShares Europe ETF during the 3rd quarter valued at $211,000. Finally, Watershed Private Wealth LLC acquired a new position in shares of iShares Europe ETF during the 3rd quarter valued at $244,000.

iShares Europe ETF Stock Performance

Shares of IEV stock opened at $54.58 on Thursday. iShares Europe ETF has a 1 year low of $51.06 and a 1 year high of $59.06. The stock has a market cap of $1.66 billion, a PE ratio of 16.09 and a beta of 0.83. The business’s fifty day moving average is $53.20 and its 200-day moving average is $55.18.

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.