iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Sees Unusually-High Trading Volume – What’s Next?

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) shares saw strong trading volume on Friday . 4,801,503 shares changed hands during mid-day trading, an increase of 608% from the previous session’s volume of 678,572 shares.The stock last traded at $26.76 and had previously closed at $26.72.

iShares MSCI Europe Financials ETF Stock Performance

The company has a 50 day moving average of $24.56 and a two-hundred day moving average of $24.12. The stock has a market capitalization of $2.10 billion, a PE ratio of 11.90 and a beta of 1.07.

iShares MSCI Europe Financials ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.4752 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of iShares MSCI Europe Financials ETF

A number of institutional investors have recently bought and sold shares of the stock. Park Avenue Securities LLC acquired a new stake in shares of iShares MSCI Europe Financials ETF during the fourth quarter worth $732,000. FMR LLC raised its stake in iShares MSCI Europe Financials ETF by 11.6% in the 3rd quarter. FMR LLC now owns 49,039 shares of the company’s stock worth $1,213,000 after acquiring an additional 5,104 shares during the last quarter. HighTower Advisors LLC grew its stake in iShares MSCI Europe Financials ETF by 3.0% during the 3rd quarter. HighTower Advisors LLC now owns 105,769 shares of the company’s stock valued at $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 valued at $256,961,000 after purchasing an additional 109,153 shares during the period. Finally, International Assets Investment Management LLC raised its stake 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 purchasing an additional 10,679 shares during the last quarter.

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.