iShares Europe ETF (NYSEARCA:IEV) Shares Sold by Blue Trust Inc.

Blue Trust Inc. cut its holdings in shares of iShares Europe ETF (NYSEARCA:IEV) by 10.5% in the fourth quarter, HoldingsChannel reports. The firm owned 13,762 shares of the company’s stock after selling 1,616 shares during the period. Blue Trust Inc.’s holdings in iShares Europe ETF were worth $716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC purchased a new stake in iShares Europe ETF during the third quarter worth $28,000. Mather Group LLC. grew its position 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 acquiring an additional 710 shares during the period. Retirement Wealth Solutions LLC purchased a new position in shares of iShares Europe ETF in the 4th quarter valued at about $138,000. Cyndeo Wealth Partners LLC acquired a new position in iShares Europe ETF in the 3rd quarter worth about $211,000. Finally, Watershed Private Wealth LLC purchased a new position in iShares Europe ETF during the third quarter worth approximately $244,000.

iShares Europe ETF Price Performance

iShares Europe ETF stock opened at $55.29 on Thursday. The stock has a market capitalization of $1.69 billion, a PE ratio of 16.09 and a beta of 0.83. The business has a 50 day simple moving average of $53.42 and a 200-day simple moving average of $55.15. iShares Europe ETF has a 12 month low of $51.38 and a 12 month high of $59.06.

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.