Fisher Asset Management LLC Sells 7,918,614 Shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

Fisher Asset Management LLC cut its holdings in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 20.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,046,989 shares of the company’s stock after selling 7,918,614 shares during the period. Fisher Asset Management LLC owned approximately 0.48% of iShares MSCI Europe Financials ETF worth $629,785,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Prudential PLC bought a new stake in shares of iShares MSCI Europe Financials ETF in the third quarter valued at about $6,032,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of iShares MSCI Europe Financials ETF in the fourth quarter valued at about $616,000. Columbus Macro LLC bought a new stake in shares of iShares MSCI Europe Financials ETF in the fourth quarter valued at about $460,000. Kingswood Wealth Advisors LLC bought a new stake in shares of iShares MSCI Europe Financials ETF in the third quarter valued at about $320,000. Finally, Raymond James Financial Services Advisors Inc. bought a new stake in shares of iShares MSCI Europe Financials ETF in the fourth quarter valued at about $252,000.

iShares MSCI Europe Financials ETF Trading Up 1.1 %

Shares of iShares MSCI Europe Financials ETF stock traded up $0.25 during trading on Thursday, reaching $22.48. The stock had a trading volume of 103,519 shares, compared to its average volume of 530,255. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 11.54 and a beta of 1.07. The stock has a fifty day moving average price of $22.13 and a two-hundred day moving average price of $20.77. iShares MSCI Europe Financials ETF has a 52 week low of $17.85 and a 52 week high of $23.12.

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.