Mather Group LLC. Takes $53,000 Position in iShares Europe ETF (NYSEARCA:IEV)

Mather Group LLC. bought a new stake in iShares Europe ETF (NYSEARCA:IEV) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,000 shares of the company’s stock, valued at approximately $53,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Balentine LLC bought a new position in shares of iShares Europe ETF in the fourth quarter valued at about $25,000. Tower Research Capital LLC TRC raised its holdings in iShares Europe ETF by 84.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 565 shares of the company’s stock valued at $30,000 after acquiring an additional 258 shares during the period. Baystate Wealth Management LLC lifted its position in iShares Europe ETF by 53.2% during the fourth quarter. Baystate Wealth Management LLC now owns 1,161 shares of the company’s stock worth $61,000 after acquiring an additional 403 shares during the last quarter. Principal Securities Inc. bought a new stake in shares of iShares Europe ETF during the fourth quarter worth approximately $66,000. Finally, Ramirez Asset Management Inc. acquired a new position in shares of iShares Europe ETF in the third quarter valued at approximately $172,000.

iShares Europe ETF Trading Down 0.8 %

NYSEARCA:IEV opened at $55.00 on Monday. The stock has a 50 day simple moving average of $56.07 and a 200 day simple moving average of $54.28. The stock has a market cap of $1.68 billion, a P/E ratio of 16.09 and a beta of 0.83. iShares Europe ETF has a 1-year low of $45.43 and a 1-year high of $58.38.

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.