Janney Montgomery Scott LLC raised its stake in iShares MSCI Europe Financials ETF (NASDAQ:EUFN – Free Report) by 90.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 333,737 shares of the company’s stock after purchasing an additional 158,318 shares during the quarter. Janney Montgomery Scott LLC owned about 0.27% of iShares MSCI Europe Financials ETF worth $10,556,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. GAMMA Investing LLC increased its holdings in iShares MSCI Europe Financials ETF by 2,708.9% in the first quarter. GAMMA Investing LLC now owns 49,801 shares of the company’s stock valued at $1,419,000 after buying an additional 48,028 shares during the last quarter. Park Avenue Securities LLC lifted its position in iShares MSCI Europe Financials ETF by 97.7% in the first quarter. Park Avenue Securities LLC now owns 62,086 shares of the company’s stock worth $1,769,000 after purchasing an additional 30,675 shares during the period. Farmers & Merchants Investments Inc. acquired a new stake in iShares MSCI Europe Financials ETF in the first quarter worth approximately $49,000. North Star Investment Management Corp. lifted its position in shares of iShares MSCI Europe Financials ETF by 3,284.6% during the 1st quarter. North Star Investment Management Corp. now owns 146,653 shares of the company’s stock valued at $4,178,000 after acquiring an additional 142,320 shares during the last quarter. Finally, Friedenthal Financial acquired a new stake in shares of iShares MSCI Europe Financials ETF during the 1st quarter valued at $116,000.
iShares MSCI Europe Financials ETF Stock Up 0.7%
EUFN opened at $34.54 on Friday. The firm has a market capitalization of $4.53 billion, a P/E ratio of 11.10 and a beta of 1.07. iShares MSCI Europe Financials ETF has a 12-month low of $22.77 and a 12-month high of $34.84. The stock has a fifty day moving average of $33.68 and a 200-day moving average of $31.52.
About iShares MSCI Europe Financials ETF
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.
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