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

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $38.82 and last traded at $38.8440, with a volume of 902799 shares changing hands. The stock had previously closed at $38.22.

iShares MSCI Europe Financials ETF Stock Performance

The stock has a market capitalization of $4.95 billion, a PE ratio of 11.10 and a beta of 0.94. The stock’s 50 day moving average is $36.64 and its two-hundred day moving average is $34.71.

iShares MSCI Europe Financials ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a $0.5156 dividend. The ex-dividend date was Tuesday, December 16th. This represents a yield of 286.0%.

Institutional Investors Weigh In On iShares MSCI Europe Financials ETF

Large investors have recently modified their holdings of the business. Triumph Capital Management acquired a new position in iShares MSCI Europe Financials ETF during the third quarter worth about $31,000. Avion Wealth purchased a new stake in shares of iShares MSCI Europe Financials ETF in the third quarter valued at approximately $34,000. Guerra Advisors Inc acquired a new stake in shares of iShares MSCI Europe Financials ETF in the third quarter valued at approximately $36,000. Activest Wealth Management purchased a new position in iShares MSCI Europe Financials ETF during the fourth quarter worth approximately $53,000. Finally, Palisade Asset Management LLC acquired a new position in iShares MSCI Europe Financials ETF during the third quarter worth $57,000.

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. Component securities include those of banks, diversified financial companies, insurance companies and real estate companies.