Congress Wealth Management LLC DE Raises Position in iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

Congress Wealth Management LLC DE raised its position in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 1.4% during the first quarter, Holdings Channel.com reports. The fund owned 1,230,375 shares of the company’s stock after purchasing an additional 16,657 shares during the quarter. Congress Wealth Management LLC DE’s holdings in iShares MSCI Europe Financials ETF were worth $27,979,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Global Retirement Partners LLC increased its position in shares of iShares MSCI Europe Financials ETF by 100,750.0% in the fourth quarter. Global Retirement Partners LLC now owns 2,017 shares of the company’s stock valued at $41,000 after acquiring an additional 2,015 shares during the period. Register Financial Advisors LLC purchased a new position in shares of iShares MSCI Europe Financials ETF during the first quarter valued at about $47,000. Modera Wealth Management LLC purchased a new position in shares of iShares MSCI Europe Financials ETF during the third quarter valued at about $108,000. PNC Financial Services Group Inc. increased its position in shares of iShares MSCI Europe Financials ETF by 22.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 7,135 shares of the company’s stock valued at $150,000 after buying an additional 1,288 shares during the period. Finally, Financial Advocates Investment Management increased its position in shares of iShares MSCI Europe Financials ETF by 309.0% during the fourth quarter. Financial Advocates Investment Management now owns 8,385 shares of the company’s stock valued at $176,000 after buying an additional 6,335 shares during the period.

iShares MSCI Europe Financials ETF Stock Performance

Shares of NASDAQ EUFN traded up $0.26 during midday trading on Monday, hitting $22.62. 287,681 shares of the company traded hands, compared to its average volume of 656,674. iShares MSCI Europe Financials ETF has a 12-month low of $17.85 and a 12-month high of $24.26. The stock has a 50-day moving average price of $23.16 and a 200 day moving average price of $21.96. The firm has a market cap of $1.44 billion, a P/E ratio of 11.90 and a beta of 1.07.

iShares MSCI Europe Financials ETF Announces Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were given a dividend of $0.7734 per share. The ex-dividend date of this dividend was Tuesday, June 11th.

iShares MSCI Europe Financials ETF 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.