Retirement Wealth Solutions LLC Makes New Investment in iShares Europe ETF (NYSEARCA:IEV)

Retirement Wealth Solutions LLC bought a new stake in iShares Europe ETF (NYSEARCA:IEV) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,642 shares of the company’s stock, valued at approximately $138,000.

Other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in shares of iShares Europe ETF by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 1,698,388 shares of the company’s stock valued at $98,965,000 after purchasing an additional 182,168 shares during the period. Sanctuary Advisors LLC purchased a new position in iShares Europe ETF during the 2nd quarter valued at about $5,797,000. Heritage Oak Wealth Advisors LLC acquired a new position in iShares Europe ETF during the third quarter worth about $2,792,000. New Wave Wealth Advisors LLC purchased a new stake in shares of iShares Europe ETF in the second quarter valued at about $2,549,000. Finally, Truist Financial Corp grew its position in shares of iShares Europe ETF by 1,244.2% in the second quarter. Truist Financial Corp now owns 49,896 shares of the company’s stock valued at $2,732,000 after purchasing an additional 46,184 shares during the last quarter.

iShares Europe ETF Price Performance

Shares of IEV opened at $53.53 on Friday. iShares Europe ETF has a 1-year low of $50.94 and a 1-year high of $59.06. The stock has a market cap of $1.63 billion, a price-to-earnings ratio of 16.09 and a beta of 0.83. The firm has a 50 day simple moving average of $53.15 and a 200-day simple moving average of $55.20.

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.