5T Wealth LLC Acquires Shares of 8,507 iShares Europe ETF (NYSEARCA:IEV)

5T Wealth LLC bought a new stake in iShares Europe ETF (NYSEARCA:IEV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 8,507 shares of the company’s stock, valued at approximately $443,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in iShares Europe ETF by 12.0% during the third quarter. JPMorgan Chase & Co. now owns 1,698,388 shares of the company’s stock worth $98,965,000 after buying an additional 182,168 shares during the last quarter. Heritage Oak Wealth Advisors LLC acquired a new stake in iShares Europe ETF in the third quarter valued at approximately $2,792,000. CIBC Asset Management Inc raised its holdings in iShares Europe ETF by 477.6% during the third quarter. CIBC Asset Management Inc now owns 43,068 shares of the company’s stock worth $2,510,000 after purchasing an additional 35,612 shares in the last quarter. Ridgeline Wealth LLC purchased a new position in shares of iShares Europe ETF during the fourth quarter worth approximately $1,287,000. Finally, Meridian Wealth Management LLC purchased a new position in shares of iShares Europe ETF during the third quarter worth about $1,339,000.

iShares Europe ETF Stock Performance

NYSEARCA:IEV opened at $57.81 on Monday. The stock has a fifty day moving average price of $53.99 and a two-hundred day moving average price of $55.19. iShares Europe ETF has a 1 year low of $51.38 and a 1 year high of $59.06. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 16.09 and a beta of 0.83.

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.