Stock Traders Purchase High Volume of iShares MSCI Europe Financials ETF Put Options (NASDAQ:EUFN)

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) saw unusually large options trading on Wednesday. Stock investors purchased 9,600 put options on the company. This represents an increase of 3,188% compared to the average volume of 292 put options.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in EUFN. O Shaughnessy Asset Management LLC raised its holdings in shares of iShares MSCI Europe Financials ETF by 34.5% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,727 shares of the company’s stock worth $40,000 after acquiring an additional 443 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of iShares MSCI Europe Financials ETF in the fourth quarter worth approximately $42,000. PNC Financial Services Group Inc. raised its stake in shares of iShares MSCI Europe Financials ETF by 50.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,932 shares of the company’s stock worth $45,000 after purchasing an additional 644 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of iShares MSCI Europe Financials ETF by 246.0% in the fourth quarter. Jones Financial Companies Lllp now owns 2,450 shares of the company’s stock valued at $57,000 after purchasing an additional 1,742 shares in the last quarter. Finally, BTG Pactual Asset Management US LLC purchased a new position in shares of iShares MSCI Europe Financials ETF during the fourth quarter valued at approximately $107,000.

iShares MSCI Europe Financials ETF Trading Up 0.7 %

NASDAQ EUFN traded up $0.19 during mid-day trading on Wednesday, hitting $28.81. The company’s stock had a trading volume of 330,825 shares, compared to its average volume of 778,816. The firm has a market capitalization of $3.04 billion, a price-to-earnings ratio of 11.92 and a beta of 1.07. The company’s 50 day simple moving average is $27.24 and its 200 day simple moving average is $25.13. iShares MSCI Europe Financials ETF has a twelve month low of $21.04 and a twelve month high of $29.55.

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.