Sanctuary Advisors LLC Purchases New Position in iShares Europe ETF (NYSEARCA:IEV)

Sanctuary Advisors LLC purchased a new stake in iShares Europe ETF (NYSEARCA:IEV) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 105,298 shares of the company’s stock, valued at approximately $5,797,000. Sanctuary Advisors LLC owned about 0.35% of iShares Europe ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Connectus Wealth LLC acquired a new stake in shares of iShares Europe ETF in the 4th quarter valued at about $9,252,000. FPC Investment Advisory Inc. purchased a new stake in iShares Europe ETF in the first quarter valued at approximately $5,688,000. Barings LLC acquired a new stake in shares of iShares Europe ETF in the first quarter valued at approximately $4,920,000. Zurich Insurance Group Ltd FI purchased a new position in shares of iShares Europe ETF during the first quarter worth approximately $3,970,000. Finally, SMI Advisory Services LLC acquired a new position in shares of iShares Europe ETF in the 1st quarter valued at $3,422,000.

iShares Europe ETF Price Performance

IEV stock opened at $57.11 on Friday. The company has a market cap of $1.74 billion, a price-to-earnings ratio of 16.09 and a beta of 0.83. The company has a fifty day moving average price of $56.62 and a 200 day moving average price of $56.07. iShares Europe ETF has a 12 month low of $45.43 and a 12 month high of $59.06.

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.