Checchi Capital Advisers LLC Increases Position in iShares Europe ETF $IEV

Checchi Capital Advisers LLC raised its holdings in iShares Europe ETF (NYSEARCA:IEV) by 377.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 258,074 shares of the company’s stock after acquiring an additional 203,995 shares during the period. iShares Europe ETF makes up approximately 0.9% of Checchi Capital Advisers LLC’s investment portfolio, making the stock its 20th largest position. Checchi Capital Advisers LLC owned about 1.08% of iShares Europe ETF worth $17,534,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of IEV. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares Europe ETF by 3,397.8% during the 4th 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 last quarter. Bank of America Corp DE increased its holdings 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 last quarter. Wells Fargo & Company MN lifted its position in iShares Europe ETF by 7.2% during the fourth quarter. Wells Fargo & Company MN now owns 462,135 shares of the company’s stock worth $31,702,000 after buying an additional 31,213 shares in the last quarter. Jane Street Group LLC lifted its position in iShares Europe ETF by 121.3% during the second 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 in the last quarter. Finally, LPL Financial LLC boosted its stake in iShares Europe ETF by 46.8% during the fourth 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 last quarter.

iShares Europe ETF Stock Up 0.5%

Shares of NYSEARCA:IEV opened at $72.55 on Wednesday. The business has a fifty day moving average of $72.49 and a two-hundred day moving average of $71.25. The stock has a market cap of $1.63 billion, a P/E ratio of 16.48 and a beta of 0.81. iShares Europe ETF has a 52-week low of $60.97 and a 52-week 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.