Envestnet Asset Management Inc. Has $68.39 Million Position in iShares MSCI Europe Financials ETF $EUFN

Envestnet Asset Management Inc. decreased its holdings in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 24.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 1,991,644 shares of the company’s stock after selling 652,854 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares MSCI Europe Financials ETF were worth $68,393,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Jones Financial Companies Lllp increased its stake in iShares MSCI Europe Financials ETF by 127.2% in the first quarter. Jones Financial Companies Lllp now owns 5,567 shares of the company’s stock valued at $159,000 after acquiring an additional 3,117 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of iShares MSCI Europe Financials ETF by 34.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 471,152 shares of the company’s stock valued at $13,423,000 after purchasing an additional 119,448 shares during the period. Empowered Funds LLC acquired a new position in shares of iShares MSCI Europe Financials ETF in the 1st quarter worth approximately $1,542,000. DAVENPORT & Co LLC lifted its position in shares of iShares MSCI Europe Financials ETF by 16.0% during the 2nd quarter. DAVENPORT & Co LLC now owns 9,878 shares of the company’s stock worth $312,000 after buying an additional 1,362 shares during the period. Finally, Harbour Investments Inc. lifted its position in shares of iShares MSCI Europe Financials ETF by 5,858.3% during the 2nd quarter. Harbour Investments Inc. now owns 32,473 shares of the company’s stock worth $1,027,000 after buying an additional 31,928 shares during the period.

iShares MSCI Europe Financials ETF Price Performance

Shares of NASDAQ:EUFN opened at $38.21 on Monday. The business’s fifty day moving average price is $37.03 and its two-hundred day moving average price is $34.92. iShares MSCI Europe Financials ETF has a fifty-two week low of $24.45 and a fifty-two week high of $38.99. The stock has a market capitalization of $4.87 billion, a price-to-earnings ratio of 11.10 and a beta of 0.94.

iShares MSCI Europe Financials ETF Announces Dividend

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

iShares MSCI Europe Financials ETF 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.