Envestnet Asset Management Inc. Sells 652,854 Shares of iShares MSCI Europe Financials ETF $EUFN

Envestnet Asset Management Inc. reduced its holdings in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 24.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,991,644 shares of the company’s stock after selling 652,854 shares during the period. Envestnet Asset Management Inc. owned approximately 1.53% of iShares MSCI Europe Financials ETF worth $68,393,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Avion Wealth acquired a new stake in shares of iShares MSCI Europe Financials ETF in the third quarter worth $34,000. Guerra Advisors Inc bought a new stake in iShares MSCI Europe Financials ETF in the 3rd quarter valued at $36,000. Headlands Technologies LLC acquired a new stake in iShares MSCI Europe Financials ETF in the 2nd quarter worth $70,000. Root Financial Partners LLC bought a new position in shares of iShares MSCI Europe Financials ETF during the 3rd quarter worth about $83,000. Finally, Grey Fox Wealth Advisors LLC acquired a new position in shares of iShares MSCI Europe Financials ETF during the third quarter valued at about $86,000.

iShares MSCI Europe Financials ETF Stock Performance

NASDAQ EUFN opened at $38.21 on Monday. iShares MSCI Europe Financials ETF has a twelve month low of $24.45 and a twelve month high of $38.99. The stock has a market cap of $4.87 billion, a PE ratio of 11.10 and a beta of 0.94. The firm has a 50-day simple moving average of $37.03 and a 200 day simple moving average of $34.92.

iShares MSCI Europe Financials ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a $0.5156 dividend. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 286.0%.

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. Component securities include those of banks, diversified financial companies, insurance companies and real estate companies.