iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Hits New 1-Year High – What’s Next?

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $25.45 and last traded at $25.48, with a volume of 133981 shares traded. The stock had previously closed at $25.35.

iShares MSCI Europe Financials ETF Stock Up 0.1 %

The stock has a market cap of $1.98 billion, a P/E ratio of 11.90 and a beta of 1.07. The stock has a fifty day simple moving average of $23.87 and a 200-day simple moving average of $23.79.

iShares MSCI Europe Financials ETF Announces Dividend

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

Hedge Funds Weigh In On iShares MSCI Europe Financials ETF

Several institutional investors and hedge funds have recently modified their holdings of EUFN. GAMMA Investing LLC lifted its stake in iShares MSCI Europe Financials ETF by 37.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,684 shares of the company’s stock valued at $42,000 after acquiring an additional 461 shares in the last quarter. Raymond James & Associates raised its stake in shares of iShares MSCI Europe Financials ETF by 0.3% during the 3rd quarter. Raymond James & Associates now owns 234,366 shares of the company’s stock worth $5,796,000 after purchasing an additional 683 shares in the last quarter. Transamerica Financial Advisors Inc. raised its stake in shares of iShares MSCI Europe Financials ETF by 2.9% during the 3rd quarter. Transamerica Financial Advisors Inc. now owns 56,523 shares of the company’s stock worth $1,398,000 after purchasing an additional 1,616 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of iShares MSCI Europe Financials ETF by 3.0% during the 3rd quarter. HighTower Advisors LLC now owns 105,769 shares of the company’s stock worth $2,613,000 after purchasing an additional 3,050 shares in the last quarter. Finally, Centaurus Financial Inc. bought a new stake in iShares MSCI Europe Financials ETF in the 3rd quarter valued at $103,000.

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.