iShares MSCI Europe Financials ETF $EUFN Shares Sold by Assetmark Inc.

Assetmark Inc. decreased its position in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 9.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,356,943 shares of the company’s stock after selling 238,187 shares during the quarter. Assetmark Inc. owned 1.81% of iShares MSCI Europe Financials ETF worth $80,937,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in shares of iShares MSCI Europe Financials ETF by 27.6% during the second quarter. Envestnet Asset Management Inc. now owns 2,644,498 shares of the company’s stock worth $83,640,000 after purchasing an additional 571,534 shares during the last quarter. RiverFront Investment Group LLC increased its holdings in iShares MSCI Europe Financials ETF by 29.1% in the second quarter. RiverFront Investment Group LLC now owns 2,360,087 shares of the company’s stock valued at $74,650,000 after buying an additional 532,048 shares during the last quarter. Schroder Investment Management Group acquired a new stake in iShares MSCI Europe Financials ETF during the second quarter valued at approximately $60,333,000. CW Advisors LLC lifted its holdings in iShares MSCI Europe Financials ETF by 0.7% during the 2nd quarter. CW Advisors LLC now owns 849,120 shares of the company’s stock worth $26,858,000 after buying an additional 5,583 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in shares of iShares MSCI Europe Financials ETF by 40.0% in the 2nd quarter. Raymond James Financial Inc. now owns 766,490 shares of the company’s stock worth $24,244,000 after acquiring an additional 219,040 shares in the last quarter.

iShares MSCI Europe Financials ETF Trading Down 1.4%

Shares of NASDAQ EUFN opened at $37.17 on Friday. The company has a market capitalization of $4.74 billion, a price-to-earnings ratio of 11.10 and a beta of 0.94. iShares MSCI Europe Financials ETF has a twelve month low of $24.45 and a twelve month high of $38.99. The business has a 50 day simple moving average of $37.25 and a 200-day simple moving average of $35.04.

iShares MSCI Europe Financials ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a $0.5156 dividend. The ex-dividend date of this dividend 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.