iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Hits New 1-Year High – What’s Next?

iShares MSCI Europe Financials ETF (NASDAQ:EUFN)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $25.45 and last traded at $25.48, with a volume of 133981 shares trading hands. The stock had previously closed at $25.35.

iShares MSCI Europe Financials ETF Price Performance

The stock has a market capitalization of $1.98 billion, a P/E ratio of 11.90 and a beta of 1.07. The firm has a 50-day simple moving average of $23.87 and a 200 day simple moving average of $23.79.

iShares MSCI Europe Financials ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.4752 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of iShares MSCI Europe Financials ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC lifted its position in shares of iShares MSCI Europe Financials ETF by 263.2% in the 3rd quarter. Jane Street Group LLC now owns 1,872,119 shares of the company’s stock worth $46,298,000 after purchasing an additional 1,356,609 shares during the period. Bank of Montreal Can lifted its holdings in iShares MSCI Europe Financials ETF by 747.1% in the third quarter. Bank of Montreal Can now owns 304,363 shares of the company’s stock valued at $7,585,000 after buying an additional 268,435 shares during the period. JPMorgan Chase & Co. lifted its holdings in iShares MSCI Europe Financials ETF by 1.1% in the third quarter. JPMorgan Chase & Co. now owns 10,390,657 shares of the company’s stock valued at $256,961,000 after buying an additional 109,153 shares during the period. Flow Traders U.S. LLC bought a new stake in iShares MSCI Europe Financials ETF during the third quarter valued at $1,872,000. Finally, Park Avenue Securities LLC bought a new position in shares of iShares MSCI Europe Financials ETF in the 4th quarter worth about $732,000.

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.