Mather Group LLC Increases Holdings in iShares Europe ETF (NYSEARCA:IEV)

Mather Group LLC has significantly increased its investment in iShares Europe ETF (NYSEARCA:IEV – Free Report) by 71.0% during the third quarter, according to their recent filing with the Securities and Exchange Commission (SEC). By the end of this period, the firm owned a total of 1,710 shares after acquiring an additional 710 shares. The total value of Mather Group LLC's holdings in the iShares Europe ETF reached approximately $100,000 at the conclusion of the most recent quarter.

In addition to Mather Group LLC, several other institutional investors and hedge funds have also adjusted their positions in the iShares Europe ETF. Ashton Thomas Private Wealth LLC bought a new stake in the ETF during the second quarter, valued at around $27,000. Rothschild Investment LLC established a new position in the fund during the same period, worth approximately $84,000. Other notable purchases include Unionview LLC, which acquired a stake worth roughly $201,000 in the first quarter, and Cetera Advisors LLC, which purchased a position valued at around $210,000. Horst & Graben Wealth Management LLC also acquired a stake in the ETF during the second quarter, with a valuation of about $213,000.

Performance of iShares Europe ETF

As of Friday, the shares of iShares Europe ETF opened at $57.11. The ETF has experienced a 12-month low of $45.43 and a 12-month high of $59.06. Its fifty-day simple moving average stands at $56.79, while the 200-day simple moving average is noted at $56.12. iShares Europe ETF boasts a market capitalization of $1.74 billion, with a price-to-earnings (PE) ratio of 16.09 and a beta of 0.83, indicating its stability in the market.

About iShares Europe ETF

The iShares Europe ETF, previously known as iShares S&P Europe 350 Index Fund, is an exchange-traded fund that aims to replicate the price and yield performance of the S&P Europe 350 Index. This Index tracks the performance of stocks from companies located in several European countries, including Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the United Kingdom.

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Interested in further exploring hedge fund positions in IEV? Stay updated with the latest 13F filings and insider trades for the iShares Europe ETF (NYSEARCA:IEV – Free Report) on relevant financial market websites.

Recent Developments

Mather Group LLC recently acquired shares of Mettler-Toledo International Inc. (NYSE:MTD) while also selling 4,562 shares of Devon Energy Co. (NYSE:DVN).

Mather, Investment, ETF