iShares Europe ETF (NYSEARCA:IEV) Sees Strong Trading Volume – What’s Next?

Shares of iShares Europe ETF (NYSEARCA:IEV) saw unusually-strong trading volume on Tuesday . Approximately 474,832 shares were traded 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 Stock Performance

The company’s fifty day moving average price is $56.62 and its 200 day moving average price is $56.30. The firm has a market capitalization of $1.62 billion, a price-to-earnings ratio of 16.09 and a beta of 0.83.

Institutional Trading of iShares Europe ETF

Several large investors have recently modified their holdings of IEV. Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares Europe ETF in the 2nd quarter valued at $27,000. Rothschild Investment LLC acquired a new position in shares of iShares Europe ETF in the 2nd quarter valued at $84,000. Mather Group LLC. raised its stake in shares of iShares Europe ETF by 71.0% in the 3rd quarter. Mather Group LLC. now owns 1,710 shares of the company’s stock valued at $100,000 after buying an additional 710 shares in the last quarter. Cyndeo Wealth Partners LLC acquired a new position in shares of iShares Europe ETF in the 3rd quarter valued at $211,000. Finally, Cetera Advisors LLC acquired a new position in shares of iShares Europe ETF in the 1st quarter valued at $210,000.

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.