Farther Finance Advisors LLC Purchases 2,373 Shares of iShares Europe ETF (NYSEARCA:IEV)

Farther Finance Advisors LLC grew its stake in shares of iShares Europe ETF (NYSEARCA:IEV) by 58.7% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 6,413 shares of the company’s stock after purchasing an additional 2,373 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Europe ETF were worth $353,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Checchi Capital Advisers LLC lifted its stake in iShares Europe ETF by 422.4% in the first quarter. Checchi Capital Advisers LLC now owns 311,557 shares of the company’s stock valued at $17,344,000 after purchasing an additional 251,914 shares during the last quarter. Connectus Wealth LLC purchased a new stake in shares of iShares Europe ETF in the fourth quarter worth $9,252,000. Jane Street Group LLC raised its position in shares of iShares Europe ETF by 10.0% in the first quarter. Jane Street Group LLC now owns 128,661 shares of the company’s stock worth $7,163,000 after buying an additional 11,647 shares in the last quarter. FPC Investment Advisory Inc. bought a new position in iShares Europe ETF in the first quarter valued at $5,688,000. Finally, Barings LLC bought a new position in iShares Europe ETF in the first quarter valued at $4,920,000.

iShares Europe ETF Trading Down 0.2 %

Shares of NYSEARCA:IEV opened at $56.94 on Thursday. The stock’s 50-day moving average price is $55.89 and its 200-day moving average price is $55.62. iShares Europe ETF has a 12-month low of $45.43 and a 12-month high of $58.38. The stock has a market capitalization 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.