iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Sets New 12-Month High – Still a Buy?

iShares MSCI Europe Financials ETF (NASDAQ:EUFN)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $26.12 and last traded at $26.07, with a volume of 463386 shares. The stock had previously closed at $25.79.

iShares MSCI Europe Financials ETF Price Performance

The stock has a market cap of $2.08 billion, a PE ratio of 11.90 and a beta of 1.07. The company has a 50 day moving average price of $24.29 and a two-hundred day moving average price of $23.97.

iShares MSCI Europe Financials ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $0.4752 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of iShares MSCI Europe Financials ETF

Institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC raised its holdings in shares of iShares MSCI Europe Financials ETF by 37.7% during the third quarter. GAMMA Investing LLC now owns 1,684 shares of the company’s stock valued at $42,000 after purchasing an additional 461 shares during the last quarter. O Shaughnessy Asset Management LLC raised its stake in iShares MSCI Europe Financials ETF by 34.5% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,727 shares of the company’s stock valued at $40,000 after buying an additional 443 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in iShares MSCI Europe Financials ETF during the 4th quarter valued at $42,000. PNC Financial Services Group Inc. lifted its holdings in shares of iShares MSCI Europe Financials ETF by 50.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,932 shares of the company’s stock valued at $45,000 after buying an additional 644 shares during the period. Finally, Jones Financial Companies Lllp boosted its stake in shares of iShares MSCI Europe Financials ETF by 246.0% in the 4th quarter. Jones Financial Companies Lllp now owns 2,450 shares of the company’s stock worth $57,000 after buying an additional 1,742 shares during the last quarter.

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.