Bank of Nova Scotia Takes Position in iShares MSCI Europe Financials ETF $EUFN

Bank of Nova Scotia bought a new stake in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) during the first quarter, Holdings Channel.com reports. The firm bought 31,020 shares of the company’s stock, valued at approximately $1,081,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EUFN. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares MSCI Europe Financials ETF by 67,377.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,040,525 shares of the company’s stock valued at $112,773,000 after acquiring an additional 3,036,019 shares in the last quarter. Fisher Asset Management LLC increased its holdings in iShares MSCI Europe Financials ETF by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 37,017,326 shares of the company’s stock worth $1,372,973,000 after purchasing an additional 1,084,716 shares in the last quarter. 1607 Capital Partners LLC raised its position in iShares MSCI Europe Financials ETF by 32.0% in the fourth quarter. 1607 Capital Partners LLC now owns 3,805,027 shares of the company’s stock valued at $141,128,000 after purchasing an additional 921,396 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in iShares MSCI Europe Financials ETF by 110.8% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,250,666 shares of the company’s stock valued at $46,387,000 after purchasing an additional 657,466 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of iShares MSCI Europe Financials ETF by 7.3% during the fourth quarter. JPMorgan Chase & Co. now owns 7,269,370 shares of the company’s stock valued at $269,621,000 after purchasing an additional 492,826 shares in the last quarter.

iShares MSCI Europe Financials ETF Price Performance

NASDAQ:EUFN opened at $40.30 on Thursday. The firm’s 50 day simple moving average is $39.10 and its 200 day simple moving average is $37.64. iShares MSCI Europe Financials ETF has a one year low of $31.44 and a one year high of $41.08. The company has a market cap of $4.00 billion, a PE ratio of 11.10 and a beta of 0.78.

iShares MSCI Europe Financials ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $1.1368 dividend. The ex-dividend date of this dividend was Monday, June 15th.

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.