Assetmark Inc. Sells 2,324,054 Shares of iShares MSCI Europe Financials ETF $EUFN

Assetmark Inc. cut its stake in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 98.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,889 shares of the company’s stock after selling 2,324,054 shares during the quarter. Assetmark Inc.’s holdings in iShares MSCI Europe Financials ETF were worth $1,220,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of EUFN. 1607 Capital Partners LLC increased its position in iShares MSCI Europe Financials ETF by 493.5% during the third quarter. 1607 Capital Partners LLC now owns 2,883,631 shares of the company’s stock worth $99,024,000 after acquiring an additional 2,397,747 shares during the period. Victory Capital Management Inc. bought a new position in iShares MSCI Europe Financials ETF during the third quarter worth about $40,132,000. Mirae Asset Global Investments Co. Ltd. bought a new position in iShares MSCI Europe Financials ETF during the third quarter worth about $20,370,000. Fisher Asset Management LLC increased its position in iShares MSCI Europe Financials ETF by 1.7% during the third quarter. Fisher Asset Management LLC now owns 35,932,610 shares of the company’s stock worth $1,233,926,000 after acquiring an additional 587,501 shares during the period. Finally, Qube Research & Technologies Ltd increased its position in iShares MSCI Europe Financials ETF by 23,355.2% during the second quarter. Qube Research & Technologies Ltd now owns 237,367 shares of the company’s stock worth $7,508,000 after acquiring an additional 236,355 shares during the period.

iShares MSCI Europe Financials ETF Stock Performance

NASDAQ:EUFN opened at $37.89 on Wednesday. iShares MSCI Europe Financials ETF has a 52 week low of $28.90 and a 52 week high of $39.23. The firm has a market cap of $3.69 billion, a price-to-earnings ratio of 11.10 and a beta of 0.79. The firm’s 50-day simple moving average is $36.09 and its 200 day simple moving average is $35.85.

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