iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Sets New 12-Month High – What’s Next?

iShares MSCI Europe Financials ETF (NASDAQ:EUFN)’s share price hit a new 52-week high on Thursday . The stock traded as high as $25.11 and last traded at $25.13, with a volume of 254375 shares trading hands. The stock had previously closed at $24.74.

iShares MSCI Europe Financials ETF Trading Up 1.7 %

The company has a market cap of $1.94 billion, a price-to-earnings ratio of 11.90 and a beta of 1.07. The business has a fifty day moving average of $23.74 and a two-hundred day moving average of $23.72.

iShares MSCI Europe Financials ETF Announces Dividend

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

Hedge Funds Weigh In On iShares MSCI Europe Financials ETF

A number of large investors have recently added to or reduced their stakes in EUFN. JPMorgan Chase & Co. increased its position in shares of 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 purchasing an additional 109,153 shares in the last quarter. Jane Street Group LLC raised its position in shares of iShares MSCI Europe Financials ETF by 263.2% in the third quarter. Jane Street Group LLC now owns 1,872,119 shares of the company’s stock valued at $46,298,000 after buying an additional 1,356,609 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares MSCI Europe Financials ETF by 0.3% in the second quarter. Envestnet Asset Management Inc. now owns 623,419 shares of the company’s stock worth $13,940,000 after buying an additional 2,051 shares in the last quarter. RiverFront Investment Group LLC boosted its position in iShares MSCI Europe Financials ETF by 7.3% during the second quarter. RiverFront Investment Group LLC now owns 455,759 shares of the company’s stock worth $10,191,000 after acquiring an additional 30,901 shares during the last quarter. Finally, Bank of Montreal Can grew its stake in iShares MSCI Europe Financials ETF by 747.1% during the 3rd quarter. Bank of Montreal Can now owns 304,363 shares of the company’s stock valued at $7,585,000 after acquiring an additional 268,435 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.