HB Wealth Management LLC Acquires New Position in iShares Europe ETF $IEV

HB Wealth Management LLC acquired a new stake in iShares Europe ETF (NYSEARCA:IEV) during the first quarter, according to its most recent 13F filing with the SEC. The fund acquired 24,772 shares of the company’s stock, valued at approximately $1,683,000.

Several other institutional investors have also added to or reduced their stakes in IEV. Northwestern Mutual Wealth Management Co. boosted its position in iShares Europe ETF by 3,397.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 789,809 shares of the company’s stock worth $54,181,000 after purchasing an additional 767,229 shares during the period. Bank of America Corp DE raised its position in shares of iShares Europe ETF by 4.6% in the third quarter. Bank of America Corp DE now owns 472,737 shares of the company’s stock valued at $30,955,000 after purchasing an additional 20,869 shares during the period. Wells Fargo & Company MN lifted its stake in shares of iShares Europe ETF by 7.2% during the 4th quarter. Wells Fargo & Company MN now owns 462,135 shares of the company’s stock valued at $31,702,000 after buying an additional 31,213 shares in the last quarter. Jane Street Group LLC boosted its holdings in iShares Europe ETF by 121.3% in the 2nd quarter. Jane Street Group LLC now owns 358,224 shares of the company’s stock worth $22,658,000 after buying an additional 196,368 shares during the period. Finally, LPL Financial LLC boosted its holdings in iShares Europe ETF by 46.8% in the 4th quarter. LPL Financial LLC now owns 242,587 shares of the company’s stock worth $16,641,000 after buying an additional 77,339 shares during the period.

iShares Europe ETF Stock Performance

iShares Europe ETF stock opened at $73.90 on Tuesday. iShares Europe ETF has a 1-year low of $60.97 and a 1-year high of $74.45. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 16.48 and a beta of 0.81. The firm has a 50 day simple moving average of $72.30 and a 200 day simple moving average of $71.05.

About iShares Europe ETF

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.