First Growth Capital LLC Makes New Investment in iShares Europe ETF $IEV

First Growth Capital LLC acquired a new stake in iShares Europe ETF (NYSEARCA:IEV) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 14,213 shares of the company’s stock, valued at approximately $1,042,000. iShares Europe ETF makes up about 1.0% of First Growth Capital LLC’s holdings, making the stock its 21st biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Comerica Bank boosted its holdings in iShares Europe ETF by 3.0% in the fourth quarter. Comerica Bank now owns 4,871 shares of the company’s stock valued at $334,000 after acquiring an additional 142 shares during the last quarter. Spire Wealth Management lifted its position in iShares Europe ETF by 3.7% during the 4th quarter. Spire Wealth Management now owns 4,175 shares of the company’s stock valued at $286,000 after purchasing an additional 150 shares during the period. Institute for Wealth Management LLC. boosted its stake in shares of iShares Europe ETF by 0.4% in the 4th quarter. Institute for Wealth Management LLC. now owns 43,632 shares of the company’s stock valued at $2,993,000 after purchasing an additional 156 shares during the last quarter. Aptus Capital Advisors LLC boosted its stake in shares of iShares Europe ETF by 0.3% in the 4th quarter. Aptus Capital Advisors LLC now owns 58,080 shares of the company’s stock valued at $3,984,000 after purchasing an additional 156 shares during the last quarter. Finally, Daymark Wealth Partners LLC grew its position in shares of iShares Europe ETF by 1.0% during the 4th quarter. Daymark Wealth Partners LLC now owns 16,238 shares of the company’s stock worth $1,114,000 after buying an additional 161 shares during the period.

iShares Europe ETF Price Performance

Shares of NYSEARCA:IEV opened at $72.40 on Friday. The stock has a market cap of $1.74 billion, a price-to-earnings ratio of 16.48 and a beta of 0.81. The company has a 50 day moving average of $72.19 and a 200-day moving average of $70.64. iShares Europe ETF has a one year low of $60.72 and a one year high of $74.45.

About iShares Europe ETF

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.