Power Wealth Management LLC Buys New Position in iShares Europe ETF $IEV

Power Wealth Management LLC bought a new stake in iShares Europe ETF (NYSEARCA:IEV) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 11,760 shares of the company’s stock, valued at approximately $857,000. Power Wealth Management LLC owned about 0.05% of iShares Europe ETF as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in IEV. Continuum Advisory LLC acquired a new position in shares of iShares Europe ETF during the second quarter worth approximately $41,000. Sax Wealth Advisors LLC acquired a new position in iShares Europe ETF during the 2nd quarter valued at $458,000. Foguth Wealth Management LLC. acquired a new position in iShares Europe ETF during the 1st quarter valued at $212,000. Bank of America Corp DE boosted its holdings in iShares Europe ETF by 8.0% in the 1st quarter. Bank of America Corp DE now owns 367,474 shares of the company’s stock valued at $24,966,000 after purchasing an additional 27,139 shares during the period. Finally, Strategic Investment Advisors MI acquired a new stake in iShares Europe ETF in the 1st quarter worth $131,000.

iShares Europe ETF Stock Performance

NYSEARCA:IEV opened at $75.03 on Friday. The firm’s 50-day moving average is $74.08 and its 200-day moving average is $72.20. The company has a market cap of $1.68 billion, a price-to-earnings ratio of 16.48 and a beta of 0.81. iShares Europe ETF has a 52-week low of $63.65 and a 52-week high of $76.32.

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.