Envestnet Portfolio Solutions Inc. Acquires New Position in iShares MSCI Europe Financials ETF $EUFN

Envestnet Portfolio Solutions Inc. acquired a new stake in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 55,582 shares of the company’s stock, valued at approximately $2,167,000. Envestnet Portfolio Solutions Inc. owned approximately 0.06% of iShares MSCI Europe Financials ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Larson Financial Group LLC raised its stake in shares of iShares MSCI Europe Financials ETF by 85.5% during the 4th quarter. Larson Financial Group LLC now owns 855 shares of the company’s stock worth $32,000 after buying an additional 394 shares in the last quarter. Arax Advisory Partners acquired a new stake in shares of iShares MSCI Europe Financials ETF in the 4th quarter valued at approximately $32,000. Triumph Capital Management purchased a new stake in shares of iShares MSCI Europe Financials ETF in the third quarter valued at approximately $31,000. Allspring Global Investments Holdings LLC boosted its stake in shares of iShares MSCI Europe Financials ETF by 130.1% in the first quarter. Allspring Global Investments Holdings LLC now owns 918 shares of the company’s stock valued at $32,000 after buying an additional 519 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC acquired a new position in iShares MSCI Europe Financials ETF during the first quarter worth $34,000.

iShares MSCI Europe Financials ETF Price Performance

Shares of EUFN stock opened at $42.30 on Thursday. The business’s fifty day moving average price is $39.85 and its 200 day moving average price is $37.98. The firm has a market capitalization of $4.27 billion, a PE ratio of 11.10 and a beta of 0.78. iShares MSCI Europe Financials ETF has a 1-year low of $32.71 and a 1-year high of $42.74.

iShares MSCI Europe Financials ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $1.1368 per share. The ex-dividend date was Monday, June 15th.

iShares MSCI Europe Financials ETF 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. Component securities include those of banks, diversified financial companies, insurance companies and real estate companies.