Hsbc Holdings PLC boosted its stake in iShares Europe ETF (NYSEARCA:IEV – Free Report) by 6.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 36,691 shares of the company’s stock after purchasing an additional 2,282 shares during the period. Hsbc Holdings PLC’s holdings in iShares Europe ETF were worth $2,009,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC acquired a new stake in shares of iShares Europe ETF in the 2nd quarter worth $27,000. Mather Group LLC. purchased a new stake in iShares Europe ETF in the 1st quarter valued at approximately $53,000. Rothschild Investment LLC acquired a new position in iShares Europe ETF during the 2nd quarter worth approximately $84,000. Unionview LLC purchased a new position in shares of iShares Europe ETF during the 1st quarter worth approximately $201,000. Finally, Cetera Advisors LLC acquired a new stake in shares of iShares Europe ETF in the 1st quarter valued at approximately $210,000.
iShares Europe ETF Price Performance
iShares Europe ETF stock opened at $58.74 on Friday. The stock’s 50 day moving average price is $56.35 and its 200 day moving average price is $55.97. The company has a market cap of $1.79 billion, a PE 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 $58.81.
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.
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Want to see what other hedge funds are holding IEV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Europe ETF (NYSEARCA:IEV – Free Report).
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