Waterfront Wealth Inc. Sells 91,829 Shares of iShares MSCI Europe Financials ETF $EUFN

Waterfront Wealth Inc. lessened its holdings in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 37.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 152,491 shares of the company’s stock after selling 91,829 shares during the quarter. iShares MSCI Europe Financials ETF makes up approximately 1.0% of Waterfront Wealth Inc.’s portfolio, making the stock its 21st largest position. Waterfront Wealth Inc.’s holdings in iShares MSCI Europe Financials ETF were worth $5,067,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Avion Wealth bought a new position in iShares MSCI Europe Financials ETF in the 3rd quarter worth approximately $34,000. Guerra Advisors Inc acquired a new stake in shares of iShares MSCI Europe Financials ETF in the third quarter worth $36,000. Capital Investment Advisory Services LLC increased its position in iShares MSCI Europe Financials ETF by 30.5% during the third quarter. Capital Investment Advisory Services LLC now owns 2,076 shares of the company’s stock worth $71,000 after acquiring an additional 485 shares during the period. Headlands Technologies LLC acquired a new position in iShares MSCI Europe Financials ETF during the 2nd quarter valued at $70,000. Finally, Root Financial Partners LLC acquired a new position in iShares MSCI Europe Financials ETF during the 3rd quarter valued at $83,000.

iShares MSCI Europe Financials ETF Stock Up 2.1%

iShares MSCI Europe Financials ETF stock opened at $38.21 on Monday. The business has a 50 day moving average price of $37.03 and a two-hundred day moving average price of $34.92. The stock has a market cap of $4.87 billion, a price-to-earnings ratio of 11.10 and a beta of 0.94. iShares MSCI Europe Financials ETF has a 12 month low of $24.45 and a 12 month high of $38.99.

iShares MSCI Europe Financials ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a $0.5156 dividend. This represents a yield of 286.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

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. Component securities include those of banks, diversified financial companies, insurance companies and real estate companies.