RiverFront Investment Group LLC Purchases 37,065 Shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

RiverFront Investment Group LLC raised its position in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 7.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 526,298 shares of the company’s stock after purchasing an additional 37,065 shares during the period. RiverFront Investment Group LLC’s holdings in iShares MSCI Europe Financials ETF were worth $12,263,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Commonwealth Equity Services LLC increased its stake in shares of iShares MSCI Europe Financials ETF by 3.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 17,714 shares of the company’s stock valued at $413,000 after buying an additional 628 shares during the period. HighTower Advisors LLC grew its holdings in iShares MSCI Europe Financials ETF by 2.8% during the 4th quarter. HighTower Advisors LLC now owns 108,740 shares of the company’s stock worth $2,534,000 after acquiring an additional 2,971 shares in the last quarter. 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. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI Europe Financials ETF in the 4th quarter valued at about $5,803,000. Finally, Steward Partners Investment Advisory LLC lifted its position in shares of iShares MSCI Europe Financials ETF by 7.2% in 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.

iShares MSCI Europe Financials ETF Stock Down 1.0 %

Shares of EUFN stock opened at $28.85 on Friday. The firm has a market cap of $2.27 billion, a price-to-earnings ratio of 11.92 and a beta of 1.07. iShares MSCI Europe Financials ETF has a 52-week low of $21.04 and a 52-week high of $29.55. The company’s 50 day moving average is $27.08 and its 200 day moving average is $25.04.

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.