KM Capital Management Ltd. Purchases 11,077 Shares of iShares Europe ETF (NYSEARCA:IEV)

KM Capital Management Ltd. lifted its position in shares of iShares Europe ETF (NYSEARCA:IEV) by 12.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 97,433 shares of the company’s stock after acquiring an additional 11,077 shares during the period. iShares Europe ETF comprises approximately 2.6% of KM Capital Management Ltd.’s holdings, making the stock its 10th largest holding. KM Capital Management Ltd. owned about 0.32% of iShares Europe ETF worth $5,072,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Wealthgarden F.S. LLC raised its position in shares of iShares Europe ETF by 48.9% during the 4th quarter. Wealthgarden F.S. LLC now owns 11,998 shares of the company’s stock valued at $625,000 after acquiring an additional 3,939 shares in the last quarter. Lansing Street Advisors increased its holdings in shares of iShares Europe ETF by 8.9% during the fourth quarter. Lansing Street Advisors now owns 7,120 shares of the company’s stock valued at $371,000 after purchasing an additional 584 shares during the period. Wealthspire Advisors LLC increased its holdings in shares of iShares Europe ETF by 245.7% during the fourth quarter. Wealthspire Advisors LLC now owns 17,024 shares of the company’s stock valued at $886,000 after purchasing an additional 12,099 shares during the period. FPC Investment Advisory Inc. increased its holdings in shares of iShares Europe ETF by 12.6% during the fourth quarter. FPC Investment Advisory Inc. now owns 115,816 shares of the company’s stock valued at $6,415,000 after purchasing an additional 12,971 shares during the period. Finally, First Horizon Advisors Inc. increased its holdings in shares of iShares Europe ETF by 73.4% during the fourth quarter. First Horizon Advisors Inc. now owns 5,201 shares of the company’s stock valued at $271,000 after purchasing an additional 2,201 shares during the period.

iShares Europe ETF Stock Performance

Shares of IEV opened at $57.71 on Friday. The stock’s fifty day moving average is $54.32 and its 200-day moving average is $55.32. iShares Europe ETF has a one year low of $51.38 and a one year high of $59.06. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of 16.09 and a beta of 0.83.

iShares Europe ETF 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.