PNC Financial Services Group Inc. Decreases Holdings in iShares Europe ETF (NYSEARCA:IEV)

PNC Financial Services Group Inc. trimmed its holdings in shares of iShares Europe ETF (NYSEARCA:IEV) by 13.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,220 shares of the company’s stock after selling 3,387 shares during the period. PNC Financial Services Group Inc. owned 0.07% of iShares Europe ETF worth $1,157,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in IEV. JPMorgan Chase & Co. lifted its holdings in iShares Europe ETF by 12.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,698,388 shares of the company’s stock worth $98,965,000 after buying an additional 182,168 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in iShares Europe ETF by 10.2% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 149,626 shares of the company’s stock worth $8,719,000 after buying an additional 13,840 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings in iShares Europe ETF by 18.3% in the 4th quarter. Sanctuary Advisors LLC now owns 121,793 shares of the company’s stock worth $6,811,000 after buying an additional 18,837 shares in the last quarter. FPC Investment Advisory Inc. lifted its holdings in iShares Europe ETF by 12.6% in the 4th quarter. FPC Investment Advisory Inc. now owns 115,816 shares of the company’s stock worth $6,415,000 after buying an additional 12,971 shares in the last quarter. Finally, KM Capital Management Ltd. lifted its holdings in iShares Europe ETF by 12.8% in the 4th quarter. KM Capital Management Ltd. now owns 97,433 shares of the company’s stock worth $5,072,000 after buying an additional 11,077 shares in the last quarter.

iShares Europe ETF Price Performance

Shares of IEV stock opened at $59.80 on Monday. iShares Europe ETF has a 12 month low of $51.38 and a 12 month high of $60.66. The firm has a market capitalization of $1.78 billion, a P/E ratio of 18.22 and a beta of 0.93. The company’s fifty day moving average price is $56.27 and its two-hundred day moving average price is $55.60.

iShares Europe ETF Company 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.