iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Sees Strong Trading Volume – Here’s Why

by · The Markets Daily

Shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 2,237,054 shares changed hands during mid-day trading, an increase of 291% from the previous session’s volume of 572,715 shares.The stock last traded at $23.67 and had previously closed at $23.65.

iShares MSCI Europe Financials ETF Stock Performance

The company has a market cap of $1.88 billion, a P/E ratio of 11.90 and a beta of 1.07. The stock has a 50-day simple moving average of $24.00 and a 200 day simple moving average of $23.58.

iShares MSCI Europe Financials ETF Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, December 20th. Investors of record on Tuesday, December 17th will be given a $0.4752 dividend. The ex-dividend date is Tuesday, December 17th.

Institutional Investors Weigh In On iShares MSCI Europe Financials ETF

Several large investors have recently modified their holdings of the stock. GAMMA Investing LLC boosted its stake in iShares MSCI Europe Financials ETF by 37.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,684 shares of the company’s stock valued at $42,000 after buying an additional 461 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in shares of iShares MSCI Europe Financials ETF in the 2nd quarter valued at $49,000. Fifth Third Bancorp bought a new stake in shares of iShares MSCI Europe Financials ETF in the 2nd quarter worth about $51,000. Centaurus Financial Inc. acquired a new stake in shares of iShares MSCI Europe Financials ETF during the 3rd quarter worth about $103,000. Finally, EP Wealth Advisors LLC bought a new position in iShares MSCI Europe Financials ETF during the 3rd quarter valued at about $183,000.

iShares MSCI Europe Financials ETF Company Profile

(Get Free Report)

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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