Palisades Hudson Asset Management L.P. Has $1.27 Million Position in iShares Europe ETF $IEV

Palisades Hudson Asset Management L.P. cut its position in iShares Europe ETF (NYSEARCA:IEV) by 55.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,470 shares of the company’s stock after selling 23,152 shares during the quarter. Palisades Hudson Asset Management L.P. owned 0.08% of iShares Europe ETF worth $1,267,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE raised its position in shares of iShares Europe ETF by 4.6% in the 3rd quarter. Bank of America Corp DE now owns 472,737 shares of the company’s stock valued at $30,955,000 after buying an additional 20,869 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of iShares Europe ETF by 121.3% during the 2nd quarter. Jane Street Group LLC now owns 358,224 shares of the company’s stock valued at $22,658,000 after purchasing an additional 196,368 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares Europe ETF by 2.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 289,724 shares of the company’s stock valued at $18,971,000 after purchasing an additional 6,598 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of iShares Europe ETF by 102.6% during the 3rd quarter. NewEdge Advisors LLC now owns 149,983 shares of the company’s stock valued at $9,821,000 after purchasing an additional 75,947 shares during the last quarter. Finally, New Wave Wealth Advisors LLC grew its holdings in shares of iShares Europe ETF by 2.1% during the 4th quarter. New Wave Wealth Advisors LLC now owns 133,613 shares of the company’s stock valued at $9,166,000 after purchasing an additional 2,692 shares during the last quarter.

iShares Europe ETF Trading Down 1.2%

Shares of iShares Europe ETF stock opened at $70.02 on Thursday. The firm has a market capitalization of $1.68 billion, a PE ratio of 16.48 and a beta of 0.85. The firm’s 50 day moving average is $70.15 and its 200 day moving average is $69.13. iShares Europe ETF has a 1 year low of $59.62 and a 1 year high of $74.45.

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.