City of London Investment Management Co. Ltd. acquired a new stake in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN – Free Report) during the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 7,280 shares of the company’s stock, valued at approximately $230,000.
Several other hedge funds have also recently made changes to their positions in EUFN. Envestnet Asset Management Inc. increased its holdings in iShares MSCI Europe Financials ETF by 27.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,644,498 shares of the company’s stock worth $83,640,000 after buying an additional 571,534 shares during the period. Assetmark Inc. acquired a new position in iShares MSCI Europe Financials ETF in the 2nd quarter worth about $82,084,000. TD Asset Management Inc acquired a new position in shares of iShares MSCI Europe Financials ETF during the 1st quarter worth approximately $35,439,000. Bensler LLC purchased a new stake in iShares MSCI Europe Financials ETF in the 2nd quarter worth $21,269,000. Finally, Raymond James Financial Inc. raised its position in iShares MSCI Europe Financials ETF by 119.8% during the first quarter. Raymond James Financial Inc. now owns 547,450 shares of the company’s stock worth $15,597,000 after acquiring an additional 298,401 shares during the period.
iShares MSCI Europe Financials ETF Stock Down 1.3%
Shares of NASDAQ EUFN opened at $34.65 on Friday. The firm has a market cap of $4.51 billion, a price-to-earnings ratio of 11.10 and a beta of 0.94. The company’s 50-day simple moving average is $33.99 and its 200-day simple moving average is $32.76. iShares MSCI Europe Financials ETF has a 52-week low of $22.77 and a 52-week high of $35.47.
About iShares MSCI Europe Financials ETF
iShares MSCI Europe Financials ETF, formerly iShares MSCI Europe Financials Sector Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Europe Financials Index (the Index). The Index is a free float-adjusted market capitalization weighted index designed to measure the combined equity market performance of the financials sector of developed market countries in Europe.
Featured Articles
- Five stocks we like better than iShares MSCI Europe Financials ETF
- What is the Euro STOXX 50 Index?
- Meta’s Pain May Be Your Gain: Is This a Rare Buying Window?
- What Do S&P 500 Stocks Tell Investors About the Market?
- 3 Under-the-Radar AI Stocks to Buy on the Dip
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Your Thanksgiving Playbook: 3 Stocks Set to Benefit From Football Fever
Want to see what other hedge funds are holding EUFN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Europe Financials ETF (NASDAQ:EUFN – Free Report).
Receive News & Ratings for iShares MSCI Europe Financials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Europe Financials ETF and related companies with MarketBeat.com's FREE daily email newsletter.
