iShares MSCI Europe Financials ETF Sees Unusually High Options Volume (NASDAQ:EUFN)

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) was the recipient of some unusual options trading activity on Thursday. Investors acquired 20,223 put options on the company. This is an increase of approximately 5,046% compared to the typical daily volume of 393 put options.

iShares MSCI Europe Financials ETF Trading Up 0.0%

EUFN traded up $0.02 during trading on Thursday, reaching $38.23. The stock had a trading volume of 1,514,726 shares, compared to its average volume of 1,851,862. iShares MSCI Europe Financials ETF has a one year low of $24.45 and a one year high of $38.99. The company has a market capitalization of $4.88 billion, a price-to-earnings ratio of 11.10 and a beta of 0.94. The stock’s 50 day moving average is $37.53 and its two-hundred day moving average is $35.36.

iShares MSCI Europe Financials ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a $0.5156 dividend. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 286.0%.

Hedge Funds Weigh In On iShares MSCI Europe Financials ETF

Several large investors have recently modified their holdings of the stock. Corient Private Wealth LLC purchased a new stake in iShares MSCI Europe Financials ETF during the 4th quarter valued at about $448,000. Mercer Global Advisors Inc. ADV increased its holdings in shares of iShares MSCI Europe Financials ETF by 8.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 12,014 shares of the company’s stock worth $446,000 after purchasing an additional 941 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of iShares MSCI Europe Financials ETF by 2.4% in the fourth quarter. NewEdge Advisors LLC now owns 12,880 shares of the company’s stock worth $478,000 after purchasing an additional 305 shares during the last quarter. Quadrature Capital Ltd purchased a new position in shares of iShares MSCI Europe Financials ETF in the fourth quarter worth $4,237,000. Finally, OLD Mission Capital LLC lifted its holdings in shares of iShares MSCI Europe Financials ETF by 207.4% during the fourth quarter. OLD Mission Capital LLC now owns 196,727 shares of the company’s stock valued at $7,297,000 after purchasing an additional 132,738 shares in the last quarter.

iShares MSCI Europe Financials ETF Company Profile

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. Component securities include those of banks, diversified financial companies, insurance companies and real estate companies.