iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Sees Strong Trading Volume – What’s Next?

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) shares saw strong trading volume on Monday . 77,079 shares changed hands during trading, a decline of 10% from the previous session’s volume of 85,894 shares.The stock last traded at $23.64 and had previously closed at $23.28.

iShares MSCI Europe Financials ETF Trading Up 0.2 %

The stock has a market capitalization of $1.82 billion, a PE ratio of 11.90 and a beta of 1.07. The business’s 50-day moving average is $23.73 and its two-hundred day moving average is $23.62.

iShares MSCI Europe Financials ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $0.4752 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of iShares MSCI Europe Financials ETF

A number of hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC grew its holdings in iShares MSCI Europe Financials ETF by 37.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,684 shares of the company’s stock valued at $42,000 after purchasing an additional 461 shares in the last quarter. FMR LLC increased its position in shares of iShares MSCI Europe Financials ETF by 11.6% during the third quarter. FMR LLC now owns 49,039 shares of the company’s stock worth $1,213,000 after acquiring an additional 5,104 shares during the last quarter. HighTower Advisors LLC lifted its stake in shares of iShares MSCI Europe Financials ETF by 3.0% in the third quarter. HighTower Advisors LLC now owns 105,769 shares of the company’s stock worth $2,613,000 after acquiring an additional 3,050 shares in the last quarter. Creative Planning acquired a new position in shares of iShares MSCI Europe Financials ETF in the second quarter worth about $609,000. Finally, JPMorgan Chase & Co. grew its stake in iShares MSCI Europe Financials ETF by 1.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,390,657 shares of the company’s stock valued at $256,961,000 after purchasing an additional 109,153 shares in the last quarter.

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.