Fisher Asset Management LLC Trims Stock Position in iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

Fisher Asset Management LLC trimmed its position in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 1.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,354,202 shares of the company’s stock after selling 456,519 shares during the quarter. Fisher Asset Management LLC owned about 36.13% of iShares MSCI Europe Financials ETF worth $725,929,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in iShares MSCI Europe Financials ETF by 0.3% in the second quarter. Envestnet Asset Management Inc. now owns 623,419 shares of the company’s stock valued at $13,940,000 after acquiring an additional 2,051 shares during the last quarter. RiverFront Investment Group LLC increased its position in shares of iShares MSCI Europe Financials ETF by 7.3% during the second quarter. RiverFront Investment Group LLC now owns 455,759 shares of the company’s stock valued at $10,191,000 after acquiring an additional 30,901 shares during the last quarter. Waterfront Wealth Inc. raised its stake in shares of iShares MSCI Europe Financials ETF by 2.5% in the 2nd quarter. Waterfront Wealth Inc. now owns 238,651 shares of the company’s stock valued at $5,336,000 after acquiring an additional 5,915 shares during the period. Raymond James & Associates boosted its position in shares of iShares MSCI Europe Financials ETF by 0.3% during the 3rd quarter. Raymond James & Associates now owns 234,366 shares of the company’s stock worth $5,796,000 after purchasing an additional 683 shares during the period. Finally, Hsbc Holdings PLC purchased a new stake in iShares MSCI Europe Financials ETF in the second quarter valued at approximately $1,413,000.

iShares MSCI Europe Financials ETF Trading Down 0.9 %

EUFN opened at $23.44 on Monday. The stock’s 50-day moving average price is $24.18 and its 200 day moving average price is $23.57. iShares MSCI Europe Financials ETF has a 12-month low of $19.89 and a 12-month high of $25.09. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of 11.90 and a beta of 1.07.

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.