Ameriprise Financial Inc. Grows Stock Holdings in iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

Ameriprise Financial Inc. increased its stake in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 5.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 36,666 shares of the company’s stock after buying an additional 1,796 shares during the period. Ameriprise Financial Inc.’s holdings in iShares MSCI Europe Financials ETF were worth $854,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI Europe Financials ETF in the fourth quarter valued at about $5,803,000. JPMorgan Chase & Co. lifted its holdings in shares of 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 purchasing an additional 109,153 shares in the last quarter. RiverFront Investment Group LLC lifted its holdings in shares of iShares MSCI Europe Financials ETF by 7.6% in the fourth quarter. RiverFront Investment Group LLC now owns 526,298 shares of the company’s stock valued at $12,263,000 after purchasing an additional 37,065 shares in the last quarter. Hsbc Holdings PLC acquired a new position in shares of iShares MSCI Europe Financials ETF in the fourth quarter valued at approximately $488,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of iShares MSCI Europe Financials ETF in the fourth quarter valued at approximately $326,000.

iShares MSCI Europe Financials ETF Price Performance

NASDAQ:EUFN opened at $32.18 on Tuesday. The firm has a 50 day simple moving average of $29.50 and a 200-day simple moving average of $26.83. The firm has a market cap of $3.41 billion, a PE ratio of 11.62 and a beta of 1.07. iShares MSCI Europe Financials ETF has a 1-year low of $21.04 and a 1-year high of $32.20.

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.