Northwestern Mutual Wealth Management Co. Has $112.77 Million Position in iShares MSCI Europe Financials ETF $EUFN

Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 67,377.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,040,525 shares of the company’s stock after purchasing an additional 3,036,019 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares MSCI Europe Financials ETF were worth $112,773,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of EUFN. 1607 Capital Partners LLC boosted its stake in shares of iShares MSCI Europe Financials ETF by 493.5% during the 3rd quarter. 1607 Capital Partners LLC now owns 2,883,631 shares of the company’s stock valued at $99,024,000 after buying an additional 2,397,747 shares during the period. Victory Capital Management Inc. acquired a new stake in shares of iShares MSCI Europe Financials ETF during the 3rd quarter valued at $40,132,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of iShares MSCI Europe Financials ETF by 110.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,250,666 shares of the company’s stock valued at $46,387,000 after buying an additional 657,466 shares during the period. Fisher Asset Management LLC boosted its stake in shares of iShares MSCI Europe Financials ETF by 1.7% during the 3rd quarter. Fisher Asset Management LLC now owns 35,932,610 shares of the company’s stock valued at $1,233,926,000 after buying an additional 587,501 shares during the period. Finally, Qube Research & Technologies Ltd boosted its stake in shares of iShares MSCI Europe Financials ETF by 23,355.2% during the 2nd quarter. Qube Research & Technologies Ltd now owns 237,367 shares of the company’s stock valued at $7,508,000 after buying an additional 236,355 shares during the period.

iShares MSCI Europe Financials ETF Stock Down 1.4%

Shares of NASDAQ:EUFN opened at $37.05 on Friday. The firm has a fifty day moving average of $36.20 and a two-hundred day moving average of $36.28. The firm has a market capitalization of $3.53 billion, a P/E ratio of 11.10 and a beta of 0.79. iShares MSCI Europe Financials ETF has a 12-month low of $30.05 and a 12-month high of $39.23.

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.