iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Reaches New 52-Week High – Here’s What Happened

iShares MSCI Europe Financials ETF (NASDAQ:EUFN)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $25.73 and last traded at $25.73, with a volume of 59435 shares trading hands. The stock had previously closed at $25.43.

iShares MSCI Europe Financials ETF Price Performance

The stock has a market cap of $2.04 billion, a P/E ratio of 11.90 and a beta of 1.07. The stock has a 50-day simple moving average of $24.08 and a 200-day simple moving average of $23.87.

iShares MSCI Europe Financials ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid 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 and other institutional investors have recently modified their holdings of the stock. Park Avenue Securities LLC bought a new stake in iShares MSCI Europe Financials ETF during the 4th quarter worth $732,000. GAMMA Investing LLC increased its stake in shares of iShares MSCI Europe Financials ETF by 37.7% in the third quarter. GAMMA Investing LLC now owns 1,684 shares of the company’s stock valued at $42,000 after buying an additional 461 shares during the period. FMR LLC raised its holdings in iShares MSCI Europe Financials ETF by 11.6% in the 3rd quarter. FMR LLC now owns 49,039 shares of the company’s stock valued at $1,213,000 after buying an additional 5,104 shares during the last quarter. HighTower Advisors LLC boosted its position in 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 buying an additional 3,050 shares during the period. Finally, Creative Planning bought a new position in shares of iShares MSCI Europe Financials ETF during the second quarter valued at $609,000.

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.