Townsquare Capital LLC Purchases New Position in iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

Townsquare Capital LLC acquired a new position in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 11,393 shares of the company’s stock, valued at approximately $265,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI Europe Financials ETF during the 4th quarter worth about $5,803,000. JPMorgan Chase & Co. grew its stake in iShares MSCI Europe Financials ETF by 1.1% during the third quarter. JPMorgan Chase & Co. now owns 10,390,657 shares of the company’s stock worth $256,961,000 after buying an additional 109,153 shares during the last quarter. RiverFront Investment Group LLC increased its holdings in shares of iShares MSCI Europe Financials ETF by 7.6% during the fourth quarter. RiverFront Investment Group LLC now owns 526,298 shares of the company’s stock worth $12,263,000 after buying an additional 37,065 shares in the last quarter. Park Avenue Securities LLC bought a new position in shares of iShares MSCI Europe Financials ETF in the fourth quarter valued at approximately $732,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of iShares MSCI Europe Financials ETF in the 4th quarter worth approximately $326,000.

iShares MSCI Europe Financials ETF Price Performance

NASDAQ EUFN opened at $29.18 on Wednesday. The stock’s 50 day simple moving average is $27.84 and its 200 day simple moving average is $25.45. iShares MSCI Europe Financials ETF has a one year low of $21.04 and a one year high of $29.55. The firm has a market cap of $3.08 billion, a PE ratio of 9.88 and a beta of 1.07.

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.