iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Reaches New 1-Year High at $23.36

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $23.36 and last traded at $23.32, with a volume of 54523 shares traded. The stock had previously closed at $22.99.

iShares MSCI Europe Financials ETF Stock Up 1.2 %

The company has a market capitalization of $1.50 billion, a P/E ratio of 11.90 and a beta of 0.80. The company has a 50 day simple moving average of $22.23 and a two-hundred day simple moving average of $20.87.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. North Star Investment Management Corp. grew its holdings in iShares MSCI Europe Financials ETF by 15.1% during the 1st quarter. North Star Investment Management Corp. now owns 4,333 shares of the company’s stock valued at $99,000 after purchasing an additional 568 shares during the last quarter. Capital Investment Advisory Services LLC boosted its holdings in iShares MSCI Europe Financials ETF by 242.0% during the 1st quarter. Capital Investment Advisory Services LLC now owns 1,368 shares of the company’s stock valued at $31,000 after acquiring an additional 968 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of iShares MSCI Europe Financials ETF by 4.6% during the third quarter. Commonwealth Equity Services LLC now owns 23,156 shares of the company’s stock valued at $438,000 after purchasing an additional 1,018 shares during the period. Waterfront Wealth Inc. increased its stake in iShares MSCI Europe Financials ETF by 0.5% in the 4th quarter. Waterfront Wealth Inc. now owns 236,929 shares of the company’s stock worth $4,966,000 after buying an additional 1,108 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in iShares MSCI Europe Financials ETF by 22.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,135 shares of the company’s stock valued at $150,000 after buying an additional 1,288 shares in the last quarter.

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.