iShares Europe ETF (NYSEARCA:IEV) Shares Sold by New Wave Wealth Advisors LLC

New Wave Wealth Advisors LLC cut its stake in iShares Europe ETF (NYSEARCA:IEV) by 4.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,804 shares of the company’s stock after selling 2,106 shares during the period. iShares Europe ETF accounts for approximately 1.0% of New Wave Wealth Advisors LLC’s investment portfolio, making the stock its 26th largest holding. New Wave Wealth Advisors LLC owned 0.15% of iShares Europe ETF worth $2,385,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in shares of iShares Europe ETF by 12.0% during the third quarter. JPMorgan Chase & Co. now owns 1,698,388 shares of the company’s stock valued at $98,965,000 after acquiring an additional 182,168 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of iShares Europe ETF during the 2nd quarter valued at $5,797,000. Heritage Oak Wealth Advisors LLC acquired a new position in shares of iShares Europe ETF in the third quarter worth $2,792,000. Truist Financial Corp grew its stake in iShares Europe ETF by 1,244.2% in the second quarter. Truist Financial Corp now owns 49,896 shares of the company’s stock valued at $2,732,000 after purchasing an additional 46,184 shares in the last quarter. Finally, Bank of Montreal Can increased its holdings in iShares Europe ETF by 1,940.4% in the second quarter. Bank of Montreal Can now owns 45,725 shares of the company’s stock worth $2,631,000 after buying an additional 43,484 shares during the last quarter.

iShares Europe ETF Stock Up 1.1 %

IEV stock opened at $55.92 on Friday. The firm has a 50 day moving average of $53.48 and a two-hundred day moving average of $55.16. iShares Europe ETF has a 12 month low of $51.38 and a 12 month high of $59.06. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 16.09 and a beta of 0.83.

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.