Envestnet Portfolio Solutions Inc. Takes Position in iShares Europe ETF (NYSEARCA:IEV)

Envestnet Portfolio Solutions Inc. purchased a new position in iShares Europe ETF (NYSEARCA:IEV) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 54,024 shares of the company’s stock, valued at approximately $2,813,000. Envestnet Portfolio Solutions Inc. owned 0.18% of iShares Europe ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC purchased a new stake in iShares Europe ETF in the third quarter worth $28,000. WealthShield Partners LLC bought a new stake in shares of iShares Europe ETF during the 4th quarter valued at $58,000. Bank Julius Baer & Co. Ltd Zurich boosted its holdings in shares of iShares Europe ETF by 125.9% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,561 shares of the company’s stock valued at $83,000 after buying an additional 870 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of iShares Europe ETF by 50.3% in the 4th quarter. Jones Financial Companies Lllp now owns 2,159 shares of the company’s stock worth $112,000 after buying an additional 723 shares during the period. Finally, Retirement Wealth Solutions LLC bought a new position in shares of iShares Europe ETF in the 4th quarter worth about $138,000.

iShares Europe ETF Price Performance

NYSEARCA:IEV opened at $60.61 on Thursday. The firm has a market capitalization of $1.81 billion, a P/E ratio of 18.22 and a beta of 0.93. iShares Europe ETF has a one year low of $51.38 and a one year high of $61.45. The company’s 50-day simple moving average is $56.73 and its 200 day simple moving average is $55.67.

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.