Clark Capital Management Group Inc. Sells 74,619 Shares of iShares MSCI Europe Financials ETF $EUFN

Clark Capital Management Group Inc. reduced its position in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 66.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 36,836 shares of the company’s stock after selling 74,619 shares during the period. Clark Capital Management Group Inc.’s holdings in iShares MSCI Europe Financials ETF were worth $1,265,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. 1607 Capital Partners LLC lifted its stake in shares of iShares MSCI Europe Financials ETF by 493.5% during the third quarter. 1607 Capital Partners LLC now owns 2,883,631 shares of the company’s stock valued at $99,024,000 after acquiring an additional 2,397,747 shares during the period. Creative Planning increased its position in iShares MSCI Europe Financials ETF by 13.9% in the third quarter. Creative Planning now owns 59,323 shares of the company’s stock worth $2,037,000 after purchasing an additional 7,218 shares during the period. Raymond James Financial Inc. increased its position in iShares MSCI Europe Financials ETF by 5.2% in the third quarter. Raymond James Financial Inc. now owns 806,690 shares of the company’s stock worth $27,702,000 after purchasing an additional 40,200 shares during the period. BOKF NA bought a new stake in iShares MSCI Europe Financials ETF during the 3rd quarter worth about $64,000. Finally, Victory Capital Management Inc. bought a new stake in iShares MSCI Europe Financials ETF during the 3rd quarter worth about $40,132,000.

iShares MSCI Europe Financials ETF Trading Up 2.3%

iShares MSCI Europe Financials ETF stock opened at $34.46 on Tuesday. The company has a market cap of $4.40 billion, a PE ratio of 11.10 and a beta of 0.94. iShares MSCI Europe Financials ETF has a 1 year low of $24.45 and a 1 year high of $38.99. The company’s 50-day moving average is $37.11 and its two-hundred day moving average is $35.50.

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