Alaska Permanent Capital Management LLC Takes Position in iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

Alaska Permanent Capital Management LLC bought a new stake in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) during the 1st quarter, according to its most recent filing with the SEC. The fund bought 606,579 shares of the company’s stock, valued at approximately $17,256,000. iShares MSCI Europe Financials ETF makes up 1.5% of Alaska Permanent Capital Management LLC’s portfolio, making the stock its 16th largest position. Alaska Permanent Capital Management LLC owned about 0.57% of iShares MSCI Europe Financials ETF at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in EUFN. Webster Bank N. A. acquired a new position in iShares MSCI Europe Financials ETF in the first quarter valued at about $31,000. O Shaughnessy Asset Management LLC raised its stake in shares of iShares MSCI Europe Financials ETF by 34.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,727 shares of the company’s stock worth $40,000 after acquiring an additional 443 shares during the last quarter. Russell Investments Group Ltd. bought a new position in shares of iShares MSCI Europe Financials ETF in the fourth quarter worth about $42,000. PNC Financial Services Group Inc. raised its stake in shares of iShares MSCI Europe Financials ETF by 50.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,932 shares of the company’s stock worth $45,000 after acquiring an additional 644 shares during the last quarter. Finally, Garde Capital Inc. bought a new position in shares of iShares MSCI Europe Financials ETF in the first quarter worth about $48,000.

iShares MSCI Europe Financials ETF Trading Down 1.4%

Shares of NASDAQ EUFN opened at $31.79 on Friday. The company has a market cap of $3.99 billion, a PE ratio of 11.10 and a beta of 1.07. The company has a 50-day moving average of $31.43 and a two-hundred day moving average of $28.37. iShares MSCI Europe Financials ETF has a 1-year low of $21.04 and a 1-year high of $32.57.

iShares MSCI Europe Financials ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 16th were paid a dividend of $0.8094 per share. This is an increase from iShares MSCI Europe Financials ETF’s previous dividend of $0.48. The ex-dividend date of this dividend was Monday, June 16th.

iShares MSCI Europe Financials ETF Company 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.