USA Financial Formulas Decreases Stock Holdings in iShares Europe ETF $IEV

USA Financial Formulas reduced its stake in shares of iShares Europe ETF (NYSEARCA:IEV) by 86.5% during the 4th quarter, HoldingsChannel reports. The firm owned 2,027 shares of the company’s stock after selling 12,988 shares during the quarter. USA Financial Formulas’ holdings in iShares Europe ETF were worth $139,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in IEV. Global Retirement Partners LLC acquired a new position in iShares Europe ETF during the second quarter worth $426,000. BLKBRD Asset Management LP purchased a new stake in iShares Europe ETF in the 2nd quarter valued at $531,000. Synergy Asset Management LLC increased its stake in shares of iShares Europe ETF by 157.6% in the 3rd quarter. Synergy Asset Management LLC now owns 23,964 shares of the company’s stock worth $1,528,000 after acquiring an additional 14,662 shares during the last quarter. Asempa Wealth Advisors acquired a new stake in shares of iShares Europe ETF in the 4th quarter worth $1,437,000. Finally, New Wave Wealth Advisors LLC raised its holdings in shares of iShares Europe ETF by 166.5% during the 3rd quarter. New Wave Wealth Advisors LLC now owns 130,921 shares of the company’s stock worth $8,573,000 after acquiring an additional 81,801 shares during the period.

iShares Europe ETF Stock Performance

Shares of IEV stock opened at $65.48 on Monday. The company’s 50-day moving average price is $70.78 and its 200-day moving average price is $68.30. The stock has a market cap of $1.57 billion, a price-to-earnings ratio of 16.48 and a beta of 0.91. iShares Europe ETF has a twelve month low of $51.30 and a twelve month high of $74.45.

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.