iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Hits New 12-Month High – What’s Next?

iShares MSCI Europe Financials ETF (NASDAQ:EUFN)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $26.88 and last traded at $26.89, with a volume of 454 shares traded. The stock had previously closed at $26.51.

iShares MSCI Europe Financials ETF Stock Up 1.9 %

The stock has a 50-day simple moving average of $24.37 and a 200-day simple moving average of $24.02. The firm has a market capitalization of $2.13 billion, a PE ratio of 11.90 and a beta of 1.07.

iShares MSCI Europe Financials ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $0.4752 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Investors Weigh In On iShares MSCI Europe Financials ETF

Large investors have recently added to or reduced their stakes in the business. Park Avenue Securities LLC bought a new stake in iShares MSCI Europe Financials ETF during the fourth quarter worth about $732,000. FMR LLC lifted its stake in iShares MSCI Europe Financials ETF by 11.6% during the third quarter. FMR LLC now owns 49,039 shares of the company’s stock worth $1,213,000 after purchasing an additional 5,104 shares during the last quarter. HighTower Advisors LLC lifted its stake in iShares MSCI Europe Financials ETF by 3.0% during the third quarter. HighTower Advisors LLC now owns 105,769 shares of the company’s stock worth $2,613,000 after purchasing an additional 3,050 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares MSCI Europe Financials ETF by 1.1% in the third quarter. JPMorgan Chase & Co. now owns 10,390,657 shares of the company’s stock worth $256,961,000 after buying an additional 109,153 shares during the period. Finally, International Assets Investment Management LLC increased its holdings in shares of iShares MSCI Europe Financials ETF by 2,373.1% in the third quarter. International Assets Investment Management LLC now owns 11,129 shares of the company’s stock worth $275,000 after buying an additional 10,679 shares during the period.

About iShares MSCI Europe Financials ETF

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.