Sax Wealth Advisors LLC Acquires Shares of 6,734 iShares Europe ETF $IEV

Sax Wealth Advisors LLC bought a new stake in iShares Europe ETF (NYSEARCA:IEV) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,734 shares of the company’s stock, valued at approximately $458,000.

Other hedge funds also recently bought and sold shares of the company. Foguth Wealth Management LLC. acquired a new stake in shares of iShares Europe ETF during the 1st quarter valued at about $212,000. Bank of America Corp DE increased its holdings in iShares Europe ETF by 8.0% in the first quarter. Bank of America Corp DE now owns 367,474 shares of the company’s stock worth $24,966,000 after buying an additional 27,139 shares during the last quarter. Strategic Investment Advisors MI acquired a new position in iShares Europe ETF in the first quarter worth approximately $131,000. EverSource Wealth Advisors LLC raised its position in iShares Europe ETF by 26.4% during the first quarter. EverSource Wealth Advisors LLC now owns 6,725 shares of the company’s stock valued at $457,000 after acquiring an additional 1,406 shares in the last quarter. Finally, Wealth Alliance LLC raised its position in iShares Europe ETF by 7.9% during the first quarter. Wealth Alliance LLC now owns 8,834 shares of the company’s stock valued at $600,000 after acquiring an additional 645 shares in the last quarter.

iShares Europe ETF Stock Down 0.3%

NYSEARCA IEV opened at $75.61 on Tuesday. The stock has a market capitalization of $1.70 billion, a PE ratio of 16.48 and a beta of 0.81. iShares Europe ETF has a 12-month low of $62.75 and a 12-month high of $76.07. The company has a 50 day moving average price of $73.00 and a two-hundred day moving average price of $71.78.

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.