Hsbc Holdings PLC Buys Shares of 21,560 iShares MSCI Europe Financials ETF $EUFN

Hsbc Holdings PLC bought a new position in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) in the fourth quarter, Holdings Channel reports. The institutional investor bought 21,560 shares of the company’s stock, valued at approximately $800,000.

Other institutional investors also recently bought and sold shares of the company. NewEdge Advisors LLC raised its position in shares of iShares MSCI Europe Financials ETF by 2.4% during the 4th quarter. NewEdge Advisors LLC now owns 12,880 shares of the company’s stock valued at $478,000 after buying an additional 305 shares during the period. AMJ Financial Wealth Management lifted its stake in shares of iShares MSCI Europe Financials ETF by 4.6% in the 4th quarter. AMJ Financial Wealth Management now owns 7,977 shares of the company’s stock valued at $296,000 after purchasing an additional 352 shares during the last quarter. Transamerica Financial Advisors LLC grew its holdings in shares of iShares MSCI Europe Financials ETF by 1.1% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 35,325 shares of the company’s stock worth $1,117,000 after purchasing an additional 376 shares during the period. Larson Financial Group LLC grew its holdings in shares of iShares MSCI Europe Financials ETF by 85.5% during the 4th quarter. Larson Financial Group LLC now owns 855 shares of the company’s stock worth $32,000 after purchasing an additional 394 shares during the period. Finally, Triumph Capital Management increased its position in shares of iShares MSCI Europe Financials ETF by 44.9% during the 4th quarter. Triumph Capital Management now owns 1,290 shares of the company’s stock worth $48,000 after purchasing an additional 400 shares during the last quarter.

iShares MSCI Europe Financials ETF Trading Up 0.9%

Shares of EUFN opened at $40.08 on Wednesday. The firm has a market cap of $3.80 billion, a P/E ratio of 11.10 and a beta of 0.78. iShares MSCI Europe Financials ETF has a 12-month low of $31.40 and a 12-month high of $40.51. The company’s 50-day moving average price is $38.52 and its 200 day moving average price is $37.40.

iShares MSCI Europe Financials ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $1.1368 per share. The ex-dividend date was Monday, June 15th.

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.