iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Sets New 1-Year High – Still a Buy?

iShares MSCI Europe Financials ETF (NASDAQ:EUFN)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $28.19 and last traded at $28.15, with a volume of 242230 shares trading hands. The stock had previously closed at $27.44.

iShares MSCI Europe Financials ETF Price Performance

The stock’s fifty day simple moving average is $25.18 and its 200-day simple moving average is $24.43. The firm has a market cap of $2.27 billion, a PE ratio of 11.45 and a beta of 1.07.

iShares MSCI Europe Financials ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors 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

Large investors have recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC lifted its holdings in shares of iShares MSCI Europe Financials ETF by 34.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,727 shares of the company’s stock worth $40,000 after purchasing an additional 443 shares during the period. Russell Investments Group Ltd. purchased a new position in iShares MSCI Europe Financials ETF during the 4th quarter worth approximately $42,000. PNC Financial Services Group Inc. lifted its stake in iShares MSCI Europe Financials ETF by 50.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,932 shares of the company’s stock valued at $45,000 after acquiring an additional 644 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of iShares MSCI Europe Financials ETF by 246.0% in the 4th quarter. Jones Financial Companies Lllp now owns 2,450 shares of the company’s stock valued at $57,000 after acquiring an additional 1,742 shares during the last quarter. Finally, Centaurus Financial Inc. acquired a new stake in shares of iShares MSCI Europe Financials ETF in the third quarter worth $103,000.

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.