Nvest Financial LLC Increases Holdings in iShares Europe ETF (NYSEARCA:IEV)

Nvest Financial LLC grew its stake in iShares Europe ETF (NYSEARCA:IEV) by 6.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 46,099 shares of the company’s stock after buying an additional 2,733 shares during the quarter. iShares Europe ETF accounts for about 1.5% of Nvest Financial LLC’s investment portfolio, making the stock its 17th biggest holding. Nvest Financial LLC’s holdings in iShares Europe ETF were worth $2,686,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of IEV. Cypress Wealth Services LLC boosted its stake in shares of iShares Europe ETF by 17.4% in the third quarter. Cypress Wealth Services LLC now owns 35,746 shares of the company’s stock worth $2,083,000 after acquiring an additional 5,289 shares during the last quarter. Hoxton Planning & Management LLC lifted its position in shares of iShares Europe ETF by 19.7% during the third quarter. Hoxton Planning & Management LLC now owns 11,682 shares of the company’s stock worth $681,000 after purchasing an additional 1,923 shares in the last quarter. Axiom Advisory LLC boosted its holdings in iShares Europe ETF by 3.9% in the third quarter. Axiom Advisory LLC now owns 5,440 shares of the company’s stock valued at $305,000 after purchasing an additional 204 shares during the period. Affinity Capital Advisors LLC grew its stake in iShares Europe ETF by 1.5% during the 3rd quarter. Affinity Capital Advisors LLC now owns 22,260 shares of the company’s stock worth $1,297,000 after purchasing an additional 335 shares in the last quarter. Finally, Mather Group LLC. increased its holdings in iShares Europe ETF by 71.0% during the 3rd quarter. Mather Group LLC. now owns 1,710 shares of the company’s stock worth $100,000 after purchasing an additional 710 shares during the period.

iShares Europe ETF Stock Performance

Shares of IEV traded up $0.29 during midday trading on Friday, hitting $57.06. The company had a trading volume of 161,683 shares, compared to its average volume of 276,351. The company’s 50-day simple moving average is $56.73 and its 200-day simple moving average is $56.11. The firm has a market capitalization of $1.74 billion, a P/E ratio of 16.09 and a beta of 0.83. iShares Europe ETF has a 1 year low of $45.43 and a 1 year high of $59.06.

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.