iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Sees Large Volume Increase

iShares MSCI Europe Financials ETF (NASDAQ:EUFNGet Free Report) saw unusually-strong trading volume on Monday . Approximately 818,053 shares were traded during trading, an increase of 45% from the previous session’s volume of 565,048 shares.The stock last traded at $20.41 and had previously closed at $20.30.

iShares MSCI Europe Financials ETF Stock Up 0.6 %

The stock has a 50 day moving average price of $20.63 and a two-hundred day moving average price of $19.66. The firm has a market cap of $1.27 billion, a PE ratio of 8.05 and a beta of 1.07.

iShares MSCI Europe Financials ETF Cuts Dividend

The company also recently announced a Semi-Annual dividend, which was paid on Wednesday, December 27th. Investors of record on Thursday, December 21st were given a $0.32 dividend. The ex-dividend date was Wednesday, December 20th.

Institutional Investors Weigh In On iShares MSCI Europe Financials ETF

A number of large investors have recently bought and sold shares of EUFN. Advisor Group Holdings Inc. boosted its position in iShares MSCI Europe Financials ETF by 18.1% in the first quarter. Advisor Group Holdings Inc. now owns 10,270 shares of the company’s stock valued at $326,000 after buying an additional 1,574 shares during the last quarter. Raymond James & Associates raised its stake in iShares MSCI Europe Financials ETF by 26.6% in the 1st quarter. Raymond James & Associates now owns 28,077 shares of the company’s stock valued at $531,000 after purchasing an additional 5,900 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in iShares MSCI Europe Financials ETF by 2.2% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 73,093 shares of the company’s stock valued at $1,382,000 after purchasing an additional 1,553 shares during the last quarter. Zions Bancorporation N.A. raised its stake in iShares MSCI Europe Financials ETF by 32.3% in the 1st quarter. Zions Bancorporation N.A. now owns 3,533 shares of the company’s stock valued at $66,000 after purchasing an additional 863 shares during the last quarter. Finally, UBS Group AG raised its stake in iShares MSCI Europe Financials ETF by 19.4% in the 1st quarter. UBS Group AG now owns 546,529 shares of the company’s stock valued at $10,335,000 after purchasing an additional 88,817 shares during the last quarter.

About iShares MSCI Europe Financials ETF

(Get Free Report)

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.

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