Blue Trust Inc. Trims Position in iShares Europe ETF (NYSEARCA:IEV)

Blue Trust Inc. decreased its position in shares of iShares Europe ETF (NYSEARCA:IEV) by 22.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 11,888 shares of the company’s stock after selling 3,490 shares during the quarter. Blue Trust Inc.’s holdings in iShares Europe ETF were worth $619,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. increased its position in iShares Europe ETF by 12.0% during the third quarter. JPMorgan Chase & Co. now owns 1,698,388 shares of the company’s stock worth $98,965,000 after purchasing an additional 182,168 shares during the last quarter. Merit Financial Group LLC acquired a new position in iShares Europe ETF during the fourth quarter worth approximately $570,000. FMR LLC increased its position in iShares Europe ETF by 18.5% during the third quarter. FMR LLC now owns 17,064 shares of the company’s stock worth $994,000 after purchasing an additional 2,662 shares during the last quarter. Mayflower Financial Advisors LLC increased its position in iShares Europe ETF by 6.6% during the fourth quarter. Mayflower Financial Advisors LLC now owns 26,428 shares of the company’s stock worth $1,376,000 after purchasing an additional 1,632 shares during the last quarter. Finally, Ridgeline Wealth LLC acquired a new position in iShares Europe ETF during the fourth quarter worth approximately $1,287,000.

iShares Europe ETF Stock Up 0.4 %

iShares Europe ETF stock opened at $57.81 on Monday. iShares Europe ETF has a 52-week low of $51.38 and a 52-week high of $59.06. The firm has a fifty day moving average of $53.99 and a 200-day moving average of $55.19. The firm has a market capitalization of $1.76 billion, a P/E ratio of 16.09 and a beta of 0.83.

iShares Europe ETF 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.