USA Financial Formulas Sells 499 Shares of iShares Europe ETF (NYSEARCA:IEV)

USA Financial Formulas lowered its holdings in shares of iShares Europe ETF (NYSEARCA:IEV) by 14.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,036 shares of the company’s stock after selling 499 shares during the quarter. USA Financial Formulas’ holdings in iShares Europe ETF were worth $158,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IEV. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Europe ETF during the 3rd quarter valued at $28,000. Mather Group LLC. boosted its holdings in shares of iShares Europe ETF by 71.0% during the 3rd quarter. Mather Group LLC. now owns 1,710 shares of the company’s stock valued at $100,000 after purchasing an additional 710 shares during the last quarter. Cyndeo Wealth Partners LLC bought a new position in iShares Europe ETF during the third quarter valued at approximately $211,000. Watershed Private Wealth LLC purchased a new position in shares of iShares Europe ETF in the third quarter valued at $244,000. Finally, CreativeOne Wealth LLC increased its holdings in shares of iShares Europe ETF by 21.4% in the 3rd quarter. CreativeOne Wealth LLC now owns 4,893 shares of the company’s stock worth $285,000 after buying an additional 861 shares during the last quarter.

iShares Europe ETF Trading Up 0.9 %

Shares of NYSEARCA:IEV opened at $53.24 on Friday. The company has a 50-day moving average price of $53.17 and a 200 day moving average price of $55.22. iShares Europe ETF has a 12 month low of $50.45 and a 12 month high of $59.06. The company has a market cap of $1.62 billion, a price-to-earnings ratio of 16.09 and a beta of 0.83.

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.