iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Hits New 52-Week High – Still a Buy?

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) reached a new 52-week high on Tuesday . The stock traded as high as $27.14 and last traded at $27.26, with a volume of 22234 shares trading hands. The stock had previously closed at $26.69.

iShares MSCI Europe Financials ETF Trading Up 1.5 %

The firm has a market cap of $2.14 billion, a P/E ratio of 11.90 and a beta of 1.07. The stock has a 50 day simple moving average of $24.66 and a 200-day simple moving average of $24.22.

iShares MSCI Europe Financials ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $0.4752 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of iShares MSCI Europe Financials ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its position in shares of iShares MSCI Europe Financials ETF by 1.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,390,657 shares of the company’s stock worth $256,961,000 after purchasing an additional 109,153 shares in the last quarter. Jane Street Group LLC raised its position in iShares MSCI Europe Financials ETF by 263.2% during the third quarter. Jane Street Group LLC now owns 1,872,119 shares of the company’s stock valued at $46,298,000 after acquiring an additional 1,356,609 shares in the last quarter. RiverFront Investment Group LLC boosted its holdings in iShares MSCI Europe Financials ETF by 7.6% during the fourth quarter. RiverFront Investment Group LLC now owns 526,298 shares of the company’s stock worth $12,263,000 after buying an additional 37,065 shares in the last quarter. Bank of Montreal Can increased its stake in shares of iShares MSCI Europe Financials ETF by 747.1% in the 3rd quarter. Bank of Montreal Can now owns 304,363 shares of the company’s stock valued at $7,585,000 after purchasing an additional 268,435 shares in the last quarter. Finally, Waterfront Wealth Inc. lifted its position in shares of iShares MSCI Europe Financials ETF by 3.3% during the 4th quarter. Waterfront Wealth Inc. now owns 249,120 shares of the company’s stock valued at $5,804,000 after buying an additional 7,921 shares in the last quarter.

iShares MSCI Europe Financials ETF Company 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.