Canal Capital Management LLC Cuts Holdings in iShares Europe ETF $IEV

Canal Capital Management LLC lowered its position in iShares Europe ETF (NYSEARCA:IEV) by 56.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,755 shares of the company’s stock after selling 8,636 shares during the quarter. Canal Capital Management LLC’s holdings in iShares Europe ETF were worth $463,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Flow Traders U.S. LLC acquired a new stake in iShares Europe ETF during the second quarter worth about $59,097,000. Barings LLC lifted its stake in shares of iShares Europe ETF by 6.0% in the 2nd quarter. Barings LLC now owns 723,437 shares of the company’s stock valued at $45,757,000 after purchasing an additional 41,244 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of iShares Europe ETF by 4.6% during the 3rd quarter. Bank of America Corp DE now owns 472,737 shares of the company’s stock worth $30,955,000 after purchasing an additional 20,869 shares during the period. Jane Street Group LLC grew its holdings in shares of iShares Europe ETF by 121.3% during the 2nd quarter. Jane Street Group LLC now owns 358,224 shares of the company’s stock worth $22,658,000 after purchasing an additional 196,368 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in iShares Europe ETF by 2.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 289,724 shares of the company’s stock worth $18,971,000 after purchasing an additional 6,598 shares in the last quarter.

iShares Europe ETF Stock Performance

NYSEARCA IEV opened at $67.29 on Friday. iShares Europe ETF has a one year low of $51.30 and a one year high of $74.45. The company’s 50 day moving average price is $71.30 and its 200 day moving average price is $68.15. The firm has a market capitalization of $1.61 billion, a price-to-earnings ratio of 16.48 and a beta of 0.91.

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.