Envestnet Portfolio Solutions Inc. Invests $2.81 Million in iShares Europe ETF (NYSEARCA:IEV)

Envestnet Portfolio Solutions Inc. acquired a new stake in shares of iShares Europe ETF (NYSEARCA:IEV) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 54,024 shares of the company’s stock, valued at approximately $2,813,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC bought a new position in shares of iShares Europe ETF in the 3rd quarter worth approximately $28,000. WealthShield Partners LLC purchased a new stake in iShares Europe ETF during the fourth quarter valued at approximately $58,000. Bank Julius Baer & Co. Ltd Zurich raised its position in iShares Europe ETF by 125.9% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,561 shares of the company’s stock worth $83,000 after acquiring an additional 870 shares during the period. Jones Financial Companies Lllp boosted its stake in shares of iShares Europe ETF by 50.3% during the 4th quarter. Jones Financial Companies Lllp now owns 2,159 shares of the company’s stock worth $112,000 after acquiring an additional 723 shares during the last quarter. Finally, Retirement Wealth Solutions LLC purchased a new position in shares of iShares Europe ETF during the 4th quarter worth $138,000.

iShares Europe ETF Trading Down 0.1 %

iShares Europe ETF stock opened at $60.61 on Thursday. iShares Europe ETF has a 12-month low of $51.38 and a 12-month high of $61.45. The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of 18.22 and a beta of 0.93. The firm has a 50 day moving average of $56.73 and a 200 day moving average of $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.