Waterfront Wealth Inc. increased its position in iShares MSCI Europe Financials ETF (NASDAQ:EUFN – Free Report) by 0.8% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 244,320 shares of the company’s stock after acquiring an additional 2,016 shares during the period. iShares MSCI Europe Financials ETF makes up about 1.7% of Waterfront Wealth Inc.’s investment portfolio, making the stock its 9th largest position. Waterfront Wealth Inc.’s holdings in iShares MSCI Europe Financials ETF were worth $7,728,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of EUFN. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of iShares MSCI Europe Financials ETF in the first quarter valued at $974,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of iShares MSCI Europe Financials ETF in the first quarter valued at $6,566,000. Koshinski Asset Management Inc. acquired a new stake in shares of iShares MSCI Europe Financials ETF in the first quarter valued at $213,000. DAVENPORT & Co LLC acquired a new stake in shares of iShares MSCI Europe Financials ETF in the first quarter valued at $243,000. Finally, World Investment Advisors acquired a new stake in shares of iShares MSCI Europe Financials ETF in the first quarter valued at $575,000.
iShares MSCI Europe Financials ETF Stock Up 0.3%
Shares of iShares MSCI Europe Financials ETF stock opened at $34.04 on Wednesday. The firm has a market cap of $4.43 billion, a price-to-earnings ratio of 11.10 and a beta of 0.94. The business has a fifty day simple moving average of $33.83 and a 200-day simple moving average of $32.27. iShares MSCI Europe Financials ETF has a fifty-two week low of $22.77 and a fifty-two week high of $34.84.
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.
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