Janney Montgomery Scott LLC Lowers Holdings in iShares MSCI Europe Financials ETF $EUFN

Janney Montgomery Scott LLC reduced its stake in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 12.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 224,959 shares of the company’s stock after selling 33,345 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares MSCI Europe Financials ETF were worth $7,840,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Brookstone Capital Management grew its holdings in iShares MSCI Europe Financials ETF by 9.2% in the first quarter. Brookstone Capital Management now owns 8,200 shares of the company’s stock valued at $286,000 after purchasing an additional 692 shares during the period. Hsbc Holdings PLC acquired a new position in shares of iShares MSCI Europe Financials ETF in the 4th quarter valued at $800,000. Rockefeller Capital Management L.P. boosted its holdings in shares of iShares MSCI Europe Financials ETF by 3.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 19,628 shares of the company’s stock valued at $728,000 after purchasing an additional 728 shares during the last quarter. World Investment Advisors grew its stake in shares of iShares MSCI Europe Financials ETF by 16.7% during the 4th quarter. World Investment Advisors now owns 33,587 shares of the company’s stock valued at $1,246,000 after buying an additional 4,811 shares during the period. Finally, Corient Private Wealth LLC purchased a new stake in shares of iShares MSCI Europe Financials ETF during the 4th quarter valued at $448,000.

iShares MSCI Europe Financials ETF Stock Performance

Shares of EUFN opened at $39.86 on Friday. The firm has a market capitalization of $3.82 billion, a P/E ratio of 11.10 and a beta of 0.78. The stock’s fifty day simple moving average is $38.15 and its 200 day simple moving average is $37.23. iShares MSCI Europe Financials ETF has a twelve month low of $31.40 and a twelve month high of $40.04.

iShares MSCI Europe Financials ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $1.1368 dividend. The ex-dividend date of this dividend 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.