Park Avenue Securities LLC Reduces Stock Holdings in iShares MSCI Europe Financials ETF $EUFN

Park Avenue Securities LLC lessened its position in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 52.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 30,616 shares of the company’s stock after selling 33,447 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares MSCI Europe Financials ETF were worth $1,051,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in EUFN. Envestnet Asset Management Inc. increased its holdings in iShares MSCI Europe Financials ETF by 27.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,644,498 shares of the company’s stock valued at $83,640,000 after acquiring an additional 571,534 shares in the last quarter. Assetmark Inc. acquired a new stake in shares of iShares MSCI Europe Financials ETF in the second quarter valued at approximately $82,084,000. RiverFront Investment Group LLC increased its stake in shares of iShares MSCI Europe Financials ETF by 29.1% during the 2nd quarter. RiverFront Investment Group LLC now owns 2,360,087 shares of the company’s stock worth $74,650,000 after purchasing an additional 532,048 shares in the last quarter. Schroder Investment Management Group acquired a new position in shares of iShares MSCI Europe Financials ETF during the 2nd quarter worth approximately $60,333,000. Finally, CW Advisors LLC lifted its stake in iShares MSCI Europe Financials ETF by 0.7% in the 2nd quarter. CW Advisors LLC now owns 849,120 shares of the company’s stock valued at $26,858,000 after buying an additional 5,583 shares in the last quarter.

iShares MSCI Europe Financials ETF Stock Performance

Shares of NASDAQ:EUFN opened at $37.20 on Wednesday. The business’s fifty day moving average price is $35.72 and its two-hundred day moving average price is $34.16. The stock has a market cap of $4.69 billion, a PE ratio of 11.10 and a beta of 0.94. iShares MSCI Europe Financials ETF has a one year low of $23.46 and a one year high of $37.90.

iShares MSCI Europe Financials ETF Dividend Announcement

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

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.