iShares Europe ETF (NYSEARCA:IEV) Stake Lifted by Mayflower Financial Advisors LLC

Mayflower Financial Advisors LLC increased its position in shares of iShares Europe ETF (NYSEARCA:IEV) by 30.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 24,796 shares of the company’s stock after buying an additional 5,856 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in iShares Europe ETF were worth $1,445,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC acquired a new stake in iShares Europe ETF in the 2nd quarter valued at about $27,000. Rothschild Investment LLC acquired a new stake in iShares Europe ETF during the second quarter valued at approximately $84,000. Mather Group LLC. boosted its holdings in iShares Europe ETF by 71.0% during the third quarter. Mather Group LLC. now owns 1,710 shares of the company’s stock worth $100,000 after buying an additional 710 shares in the last quarter. Cetera Advisors LLC acquired a new position in iShares Europe ETF in the first quarter worth approximately $210,000. Finally, Cyndeo Wealth Partners LLC bought a new position in shares of iShares Europe ETF in the third quarter valued at $211,000.

iShares Europe ETF Stock Performance

Shares of NYSEARCA:IEV opened at $54.38 on Friday. The company has a market capitalization of $1.66 billion, a PE ratio of 16.09 and a beta of 0.83. The stock has a fifty day moving average of $56.69 and a 200-day moving average of $56.29. iShares Europe ETF has a one year low of $47.35 and a one year high of $59.06.

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.