First Growth Capital LLC Buys Shares of 14,213 iShares Europe ETF $IEV

First Growth Capital LLC purchased a new position in shares of iShares Europe ETF (NYSEARCA:IEV) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 14,213 shares of the company’s stock, valued at approximately $1,042,000. iShares Europe ETF makes up approximately 1.0% of First Growth Capital LLC’s portfolio, making the stock its 21st biggest position. First Growth Capital LLC owned about 0.06% of iShares Europe ETF as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Savvy Advisors Inc. bought a new position in shares of iShares Europe ETF during the fourth quarter valued at $2,750,000. Galvin Gaustad & Stein LLC bought a new stake in shares of iShares Europe ETF in the 4th quarter worth about $3,244,000. Asempa Wealth Advisors bought a new stake in shares of iShares Europe ETF in the 4th quarter worth about $1,437,000. Sound Income Strategies LLC acquired a new stake in shares of iShares Europe ETF during the 4th quarter worth about $682,000. Finally, swisspartners Advisors Ltd increased its position in shares of iShares Europe ETF by 129.4% during the 4th quarter. swisspartners Advisors Ltd now owns 25,580 shares of the company’s stock worth $1,753,000 after purchasing an additional 14,430 shares in the last quarter.

iShares Europe ETF Stock Up 0.2%

Shares of IEV stock opened at $72.40 on Friday. iShares Europe ETF has a 12-month low of $60.72 and a 12-month high of $74.45. The company has a market capitalization of $1.74 billion, a P/E ratio of 16.48 and a beta of 0.81. The firm has a 50-day moving average price of $72.19 and a 200 day moving average price of $70.64.

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.