Canandaigua National Bank & Trust Co. Makes New Investment in iShares Europe ETF (NYSEARCA:IEV)

Canandaigua National Bank & Trust Co. bought a new position in shares of iShares Europe ETF (NYSEARCA:IEV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,216 shares of the company’s stock, valued at approximately $479,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Ashton Thomas Private Wealth LLC purchased a new position in iShares Europe ETF in the second quarter valued at $27,000. Mather Group LLC. purchased a new position in iShares Europe ETF in the first quarter valued at $53,000. Rothschild Investment LLC purchased a new stake in iShares Europe ETF during the 2nd quarter worth about $84,000. Unionview LLC purchased a new stake in iShares Europe ETF during the 1st quarter worth about $201,000. Finally, Cetera Advisors LLC purchased a new stake in iShares Europe ETF during the 1st quarter worth about $210,000.

iShares Europe ETF Stock Performance

NYSEARCA IEV traded up $0.28 during trading on Friday, reaching $57.11. 43,114 shares of the company’s stock were exchanged, compared to its average volume of 280,972. iShares Europe ETF has a 1 year low of $45.43 and a 1 year high of $59.06. The company has a 50 day moving average price of $56.62 and a two-hundred day moving average price of $56.07. The stock has a market cap of $1.74 billion, a P/E 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.