Koshinski Asset Management Inc. Makes New Investment in iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

Koshinski Asset Management Inc. purchased a new stake in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) during the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 7,469 shares of the company’s stock, valued at approximately $213,000.

Several other institutional investors and hedge funds also recently bought and sold shares of EUFN. Private Advisor Group LLC acquired a new stake in shares of iShares MSCI Europe Financials ETF during the fourth quarter valued at about $229,000. Jones Financial Companies Lllp grew its stake 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 worth $57,000 after acquiring an additional 1,742 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings in iShares MSCI Europe Financials ETF by 7.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 11,922 shares of the company’s stock worth $278,000 after purchasing an additional 800 shares during the period. Raymond James Financial Inc. acquired a new stake in iShares MSCI Europe Financials ETF in the fourth quarter valued at approximately $5,803,000. Finally, PNC Financial Services Group Inc. raised its holdings in shares of iShares MSCI Europe Financials ETF by 50.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,932 shares of the company’s stock valued at $45,000 after purchasing an additional 644 shares in the last quarter.

iShares MSCI Europe Financials ETF Stock Up 0.1%

Shares of EUFN opened at $31.60 on Friday. The stock has a 50 day moving average price of $31.19 and a 200 day moving average price of $27.98. iShares MSCI Europe Financials ETF has a 52-week low of $21.04 and a 52-week high of $32.35. The company has a market capitalization of $3.35 billion, a price-to-earnings ratio of 11.10 and a beta of 1.07.

iShares MSCI Europe Financials ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 16th were given a $0.8094 dividend. This is an increase from iShares MSCI Europe Financials ETF’s previous dividend of $0.48. The ex-dividend date of this dividend was Monday, June 16th.

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.