Fluent Financial LLC Acquires New Holdings in iShares MSCI Europe Financials ETF $EUFN

Fluent Financial LLC purchased a new stake in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) during the fourth quarter, Holdings Channel reports. The firm purchased 47,779 shares of the company’s stock, valued at approximately $1,772,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of EUFN. 1607 Capital Partners LLC boosted its position in shares of iShares MSCI Europe Financials ETF by 493.5% in the 3rd quarter. 1607 Capital Partners LLC now owns 2,883,631 shares of the company’s stock worth $99,024,000 after purchasing an additional 2,397,747 shares in the last quarter. Schroder Investment Management Group purchased a new stake in shares of iShares MSCI Europe Financials ETF during the second quarter worth about $60,333,000. Victory Capital Management Inc. purchased a new position in shares of iShares MSCI Europe Financials ETF in the 3rd quarter valued at approximately $40,132,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in iShares MSCI Europe Financials ETF during the 3rd quarter valued at approximately $20,370,000. Finally, Fisher Asset Management LLC raised its holdings in shares of iShares MSCI Europe Financials ETF by 1.7% in the third quarter. Fisher Asset Management LLC now owns 35,932,610 shares of the company’s stock worth $1,233,926,000 after buying an additional 587,501 shares during the last quarter.

iShares MSCI Europe Financials ETF Stock Performance

Shares of EUFN stock opened at $33.26 on Friday. The stock’s 50-day simple moving average is $36.52 and its 200-day simple moving average is $35.52. The firm has a market capitalization of $4.24 billion, a PE ratio of 11.10 and a beta of 0.94. iShares MSCI Europe Financials ETF has a fifty-two week low of $24.45 and a fifty-two week high of $38.99.

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