RiverFront Investment Group LLC Buys 532,048 Shares of iShares MSCI Europe Financials ETF $EUFN

RiverFront Investment Group LLC increased its position in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 29.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,360,087 shares of the company’s stock after acquiring an additional 532,048 shares during the period. iShares MSCI Europe Financials ETF comprises 1.5% of RiverFront Investment Group LLC’s holdings, making the stock its 24th largest holding. RiverFront Investment Group LLC owned approximately 1.85% of iShares MSCI Europe Financials ETF worth $74,650,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in EUFN. SouthState Corp acquired a new stake in shares of iShares MSCI Europe Financials ETF in the first quarter valued at about $43,000. Opal Wealth Advisors LLC bought a new stake in iShares MSCI Europe Financials ETF in the 2nd quarter valued at about $45,000. TD Private Client Wealth LLC lifted its holdings in shares of iShares MSCI Europe Financials ETF by 30.8% in the 2nd quarter. TD Private Client Wealth LLC now owns 1,635 shares of the company’s stock worth $52,000 after purchasing an additional 385 shares in the last quarter. CWM LLC grew its holdings in shares of iShares MSCI Europe Financials ETF by 62.5% during the first quarter. CWM LLC now owns 2,061 shares of the company’s stock valued at $59,000 after buying an additional 793 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of iShares MSCI Europe Financials ETF by 57.0% in the second quarter. PNC Financial Services Group Inc. now owns 3,033 shares of the company’s stock worth $96,000 after purchasing an additional 1,101 shares during the last quarter.

iShares MSCI Europe Financials ETF Trading Down 0.1%

Shares of iShares MSCI Europe Financials ETF stock opened at $33.54 on Tuesday. iShares MSCI Europe Financials ETF has a 12 month low of $22.77 and a 12 month high of $35.47. The business’s fifty day simple moving average is $33.94 and its 200 day simple moving average is $32.92. The firm has a market capitalization of $4.37 billion, a P/E ratio of 11.10 and a beta of 0.94.

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.