Banco de Sabadell S.A Raises Stock Position in iShares MSCI Europe Financials ETF $EUFN

Banco de Sabadell S.A grew its stake in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 42.0% in the 2nd quarter, Holdings Channel reports. The firm owned 61,897 shares of the company’s stock after purchasing an additional 18,317 shares during the period. Banco de Sabadell S.A’s holdings in iShares MSCI Europe Financials ETF were worth $1,959,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. SouthState Corp purchased a new position in shares of iShares MSCI Europe Financials ETF during the first quarter valued at about $43,000. Opal Wealth Advisors LLC purchased a new stake in iShares MSCI Europe Financials ETF in the second quarter worth about $45,000. TD Private Client Wealth LLC lifted its holdings in iShares MSCI Europe Financials ETF by 30.8% in the second quarter. TD Private Client Wealth LLC now owns 1,635 shares of the company’s stock worth $52,000 after buying an additional 385 shares during the period. PNC Financial Services Group Inc. boosted its position in iShares MSCI Europe Financials ETF by 57.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 3,033 shares of the company’s stock valued at $96,000 after acquiring an additional 1,101 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in iShares MSCI Europe Financials ETF by 161.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 5,172 shares of the company’s stock valued at $147,000 after acquiring an additional 3,194 shares in the last quarter.

iShares MSCI Europe Financials ETF Stock Performance

EUFN stock opened at $35.11 on Friday. iShares MSCI Europe Financials ETF has a fifty-two week low of $22.77 and a fifty-two week high of $35.47. The company has a market capitalization of $4.57 billion, a price-to-earnings ratio of 11.10 and a beta of 0.94. The business’s 50 day moving average price is $34.11 and its two-hundred day moving average price is $33.14.

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.