EFG Asset Management Americas Corp. Has $443,000 Position in iShares Europe ETF $IEV

EFG Asset Management Americas Corp. lessened its holdings in shares of iShares Europe ETF (NYSEARCA:IEV) by 71.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,760 shares of the company’s stock after selling 16,975 shares during the quarter. EFG Asset Management Americas Corp.’s holdings in iShares Europe ETF were worth $443,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Meridian Wealth Management LLC increased its stake in shares of iShares Europe ETF by 4.0% during the 2nd quarter. Meridian Wealth Management LLC now owns 28,589 shares of the company’s stock worth $1,808,000 after purchasing an additional 1,088 shares during the last quarter. Cetera Investment Advisers boosted its holdings in iShares Europe ETF by 114.8% in the second quarter. Cetera Investment Advisers now owns 59,531 shares of the company’s stock worth $3,765,000 after purchasing an additional 31,817 shares in the last quarter. Kingsview Wealth Management LLC bought a new stake in iShares Europe ETF in the second quarter worth $4,962,000. KM Capital Management Ltd. increased its position in iShares Europe ETF by 2.5% during the second quarter. KM Capital Management Ltd. now owns 91,309 shares of the company’s stock worth $5,775,000 after buying an additional 2,244 shares during the last quarter. Finally, Dorsey Wright & Associates acquired a new position in iShares Europe ETF during the second quarter worth $2,763,000.

iShares Europe ETF Price Performance

NYSEARCA IEV opened at $67.39 on Monday. iShares Europe ETF has a fifty-two week low of $51.30 and a fifty-two week high of $74.45. The stock’s 50-day moving average is $71.45 and its two-hundred day moving average is $68.10. The firm has a market cap of $1.62 billion, a P/E ratio of 16.48 and a beta of 0.91.

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.