iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Sees Strong Trading Volume

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) shares saw unusually-strong trading volume on Friday . Approximately 1,458,816 shares changed hands during mid-day trading, an increase of 124% from the previous session’s volume of 651,020 shares.The stock last traded at $24.12 and had previously closed at $23.91.

iShares MSCI Europe Financials ETF Trading Up 0.7 %

The firm’s fifty day moving average is $23.22 and its 200 day moving average is $22.90. The stock has a market cap of $2.03 billion, a P/E ratio of 11.90 and a beta of 1.07.

Hedge Funds Weigh In On iShares MSCI Europe Financials ETF

Large investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC increased its position in iShares MSCI Europe Financials ETF by 2.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 69,356 shares of the company’s stock worth $1,454,000 after buying an additional 1,621 shares during the period. Congress Wealth Management LLC DE boosted its holdings in iShares MSCI Europe Financials ETF by 0.4% in the 4th quarter. Congress Wealth Management LLC DE now owns 1,213,718 shares of the company’s stock valued at $25,440,000 after purchasing an additional 4,808 shares during the period. Raymond James & Associates grew its position in iShares MSCI Europe Financials ETF by 3.3% in the 2nd quarter. Raymond James & Associates now owns 233,683 shares of the company’s stock worth $5,225,000 after purchasing an additional 7,454 shares during the last quarter. Financial Advocates Investment Management increased its holdings in shares of iShares MSCI Europe Financials ETF by 309.0% during the 4th quarter. Financial Advocates Investment Management now owns 8,385 shares of the company’s stock worth $176,000 after purchasing an additional 6,335 shares during the period. Finally, Register Financial Advisors LLC bought a new position in shares of iShares MSCI Europe Financials ETF during the 1st quarter worth about $47,000.

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.