Derbend Asset Management Cuts Stock Holdings in iShares Europe ETF (NYSEARCA:IEV)

Derbend Asset Management lowered its position in iShares Europe ETF (NYSEARCA:IEVFree Report) by 14.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,731 shares of the company’s stock after selling 1,878 shares during the quarter. Derbend Asset Management’s holdings in iShares Europe ETF were worth $567,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Park Avenue Securities LLC purchased a new stake in iShares Europe ETF in the third quarter worth approximately $355,000. TFB Advisors LLC purchased a new stake in iShares Europe ETF in the fourth quarter worth approximately $236,000. Ramirez Asset Management Inc. purchased a new stake in iShares Europe ETF in the third quarter worth approximately $172,000. Cypress Wealth Services LLC boosted its stake in iShares Europe ETF by 5.2% in the third quarter. Cypress Wealth Services LLC now owns 34,801 shares of the company’s stock worth $1,661,000 after buying an additional 1,719 shares in the last quarter. Finally, KM Capital Management Ltd. lifted its position in iShares Europe ETF by 56.9% in the fourth quarter. KM Capital Management Ltd. now owns 115,008 shares of the company’s stock valued at $6,079,000 after purchasing an additional 41,725 shares during the last quarter.

iShares Europe ETF Trading Up 0.6 %

IEV stock traded up $0.34 during midday trading on Wednesday, hitting $55.45. The company had a trading volume of 610,862 shares, compared to its average volume of 322,448. iShares Europe ETF has a 52 week low of $45.43 and a 52 week high of $55.90. The stock’s 50 day moving average price is $53.97 and its 200 day moving average price is $51.19. The stock has a market cap of $1.86 billion, a price-to-earnings ratio of 14.45 and a beta of 0.92.

iShares Europe ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for iShares Europe ETF (NYSEARCA:IEV)

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