iShares Europe ETF (NYSEARCA:IEV – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 474,832 shares traded hands during mid-day trading, an increase of 75% from the previous session’s volume of 271,668 shares.The stock last traded at $53.44 and had previously closed at $54.34.
iShares Europe ETF Trading Down 2.1 %
The firm has a market cap of $1.62 billion, a PE ratio of 16.09 and a beta of 0.83. The firm’s 50 day simple moving average is $56.62 and its 200 day simple moving average is $56.30.
Institutional Investors Weigh In On iShares Europe ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in IEV. Sanctuary Advisors LLC purchased a new position in iShares Europe ETF in the second quarter worth approximately $5,797,000. Zurich Insurance Group Ltd FI purchased a new position in iShares Europe ETF during the 1st quarter worth $3,970,000. Heritage Oak Wealth Advisors LLC acquired a new position in shares of iShares Europe ETF during the 3rd quarter worth $2,792,000. New Wave Wealth Advisors LLC acquired a new stake in iShares Europe ETF in the 2nd quarter valued at about $2,549,000. Finally, Truist Financial Corp boosted its stake in shares of iShares Europe ETF by 1,244.2% during the 2nd quarter. Truist Financial Corp now owns 49,896 shares of the company’s stock worth $2,732,000 after purchasing an additional 46,184 shares during the last quarter.
iShares Europe ETF Company 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.
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