Friedenthal Financial Buys New Stake in iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

Friedenthal Financial bought a new stake in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,518 shares of the company’s stock, valued at approximately $123,000.

Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC grew its holdings in shares of iShares MSCI Europe Financials ETF by 664.4% during the second quarter. GAMMA Investing LLC now owns 1,223 shares of the company’s stock worth $27,000 after purchasing an additional 1,063 shares during the last quarter. Capital Investment Advisory Services LLC grew its holdings in shares of iShares MSCI Europe Financials ETF by 242.0% during the first quarter. Capital Investment Advisory Services LLC now owns 1,368 shares of the company’s stock worth $31,000 after purchasing an additional 968 shares during the last quarter. Palisade Asset Management LLC purchased a new position in shares of iShares MSCI Europe Financials ETF during the first quarter worth about $38,000. Register Financial Advisors LLC purchased a new position in shares of iShares MSCI Europe Financials ETF during the first quarter worth about $47,000. Finally, North Star Investment Management Corp. boosted its stake in shares of iShares MSCI Europe Financials ETF by 15.1% during the first quarter. North Star Investment Management Corp. now owns 4,333 shares of the company’s stock worth $99,000 after buying an additional 568 shares during the period.

iShares MSCI Europe Financials ETF Trading Up 1.5 %

Shares of EUFN traded up $0.33 during mid-day trading on Tuesday, hitting $22.52. 378,703 shares of the company’s stock were exchanged, compared to its average volume of 694,337. iShares MSCI Europe Financials ETF has a fifty-two week low of $17.85 and a fifty-two week high of $24.26. The firm has a market capitalization of $1.90 billion, a P/E ratio of 11.90 and a beta of 1.07. The business’s 50 day moving average is $22.77 and its two-hundred day moving average is $22.41.

iShares MSCI Europe Financials ETF Announces Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were paid a dividend of $0.7734 per share. The ex-dividend date of this dividend was Tuesday, June 11th.

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.