iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Sees Large Volume Increase – Still a Buy?

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) shares saw an uptick in trading volume on Monday . 77,079 shares traded hands during mid-day trading, a decline of 10% from the previous session’s volume of 85,894 shares.The stock last traded at $23.64 and had previously closed at $23.28.

iShares MSCI Europe Financials ETF Price Performance

The company has a market capitalization of $1.82 billion, a price-to-earnings ratio of 11.90 and a beta of 1.07. The business’s 50-day moving average price is $23.76 and its two-hundred day moving average price is $23.59.

iShares MSCI Europe Financials ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.4752 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of iShares MSCI Europe Financials ETF

A number of hedge funds and other institutional investors have recently modified their holdings of EUFN. GAMMA Investing LLC boosted its position in iShares MSCI Europe Financials ETF by 37.7% during the third quarter. GAMMA Investing LLC now owns 1,684 shares of the company’s stock valued at $42,000 after acquiring an additional 461 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares MSCI Europe Financials ETF during the second quarter valued at about $49,000. Centaurus Financial Inc. bought a new position in iShares MSCI Europe Financials ETF in the third quarter worth approximately $103,000. EP Wealth Advisors LLC bought a new stake in iShares MSCI Europe Financials ETF during the 3rd quarter valued at $183,000. Finally, Blair William & Co. IL grew its holdings in shares of iShares MSCI Europe Financials ETF by 34.1% during the second quarter. Blair William & Co. IL now owns 9,625 shares of the company’s stock valued at $215,000 after buying an additional 2,450 shares during 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.