JPMorgan Chase & Co. Has $232.71 Million Stock Holdings in iShares MSCI Europe Financials ETF $EUFN

JPMorgan Chase & Co. boosted its position in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 2.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 6,776,544 shares of the company’s stock after acquiring an additional 178,448 shares during the quarter. JPMorgan Chase & Co. owned about 0.05% of iShares MSCI Europe Financials ETF worth $232,707,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in iShares MSCI Europe Financials ETF by 27.6% in the second quarter. Envestnet Asset Management Inc. now owns 2,644,498 shares of the company’s stock worth $83,640,000 after acquiring an additional 571,534 shares in the last quarter. Assetmark Inc. acquired a new position in shares of iShares MSCI Europe Financials ETF during the second quarter worth approximately $82,084,000. RiverFront Investment Group LLC raised its position in shares of iShares MSCI Europe Financials ETF by 29.1% during the second quarter. RiverFront Investment Group LLC now owns 2,360,087 shares of the company’s stock worth $74,650,000 after purchasing an additional 532,048 shares during the period. Schroder Investment Management Group bought a new position in shares of iShares MSCI Europe Financials ETF in the 2nd quarter worth $60,333,000. Finally, CW Advisors LLC grew its position in iShares MSCI Europe Financials ETF by 0.7% in the 2nd quarter. CW Advisors LLC now owns 849,120 shares of the company’s stock valued at $26,858,000 after purchasing an additional 5,583 shares during the period.

iShares MSCI Europe Financials ETF Trading Up 1.8%

Shares of EUFN stock opened at $37.92 on Friday. The firm has a fifty day simple moving average of $37.44 and a two-hundred day simple moving average of $35.25. iShares MSCI Europe Financials ETF has a 12 month low of $24.45 and a 12 month high of $38.99. The firm has a market capitalization of $4.84 billion, a PE ratio of 11.10 and a beta of 0.94.

iShares MSCI Europe Financials ETF Dividend Announcement

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

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.