Viewpoint Capital Management LLC Sells 2,500 Shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

Viewpoint Capital Management LLC cut its holdings in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 1.9% in the 1st quarter, Holdings Channel reports. The institutional investor owned 128,919 shares of the company’s stock after selling 2,500 shares during the period. iShares MSCI Europe Financials ETF accounts for 1.9% of Viewpoint Capital Management LLC’s investment portfolio, making the stock its 15th largest holding. Viewpoint Capital Management LLC’s holdings in iShares MSCI Europe Financials ETF were worth $2,932,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of EUFN. International Assets Investment Management LLC purchased a new stake in shares of iShares MSCI Europe Financials ETF in the fourth quarter worth $198,000. Modera Wealth Management LLC purchased a new stake in shares of iShares MSCI Europe Financials ETF in the 3rd quarter valued at about $108,000. Valeo Financial Advisors LLC purchased a new position in shares of iShares MSCI Europe Financials ETF during the fourth quarter worth about $235,000. Raymond James & Associates raised its stake in iShares MSCI Europe Financials ETF by 1.8% in the fourth quarter. Raymond James & Associates now owns 231,031 shares of the company’s stock valued at $4,842,000 after purchasing an additional 4,188 shares in the last quarter. Finally, Global Retirement Partners LLC grew its stake in iShares MSCI Europe Financials ETF by 100,750.0% in the 4th quarter. Global Retirement Partners LLC now owns 2,017 shares of the company’s stock worth $41,000 after buying an additional 2,015 shares in the last quarter.

iShares MSCI Europe Financials ETF Stock Performance

Shares of iShares MSCI Europe Financials ETF stock remained flat at $22.36 on Friday. 334,676 shares of the stock traded hands, compared to its average volume of 659,651. iShares MSCI Europe Financials ETF has a 12-month low of $17.85 and a 12-month high of $24.26. The company’s 50-day simple moving average is $23.16 and its 200-day simple moving average is $21.93. The company has a market capitalization of $1.42 billion, a P/E ratio of 11.90 and a beta of 1.07.

iShares MSCI Europe Financials ETF Dividend Announcement

The company also recently disclosed a Semi-Annual dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were issued a $0.7734 dividend. The ex-dividend date of this dividend was Tuesday, June 11th.

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.