iShares MSCI Europe Financials ETF $EUFN Stock Position Decreased by Assetmark Inc.

Assetmark Inc. cut its stake in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 9.2% during the third quarter, Holdings Channel reports. The firm owned 2,356,943 shares of the company’s stock after selling 238,187 shares during the quarter. Assetmark Inc.’s holdings in iShares MSCI Europe Financials ETF were worth $80,937,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Cetera Investment Advisers increased its position in shares of iShares MSCI Europe Financials ETF by 3.5% in the second quarter. Cetera Investment Advisers now owns 188,245 shares of the company’s stock worth $5,954,000 after acquiring an additional 6,313 shares in the last quarter. Client First Investment Management LLC purchased a new stake in shares of iShares MSCI Europe Financials ETF in the 3rd quarter valued at approximately $841,000. Banco de Sabadell S.A boosted its stake in iShares MSCI Europe Financials ETF by 42.0% in the 2nd quarter. Banco de Sabadell S.A now owns 61,897 shares of the company’s stock worth $1,959,000 after purchasing an additional 18,317 shares during the period. 17 Capital Partners LLC boosted its stake in iShares MSCI Europe Financials ETF by 35.3% in the 2nd quarter. 17 Capital Partners LLC now owns 12,310 shares of the company’s stock worth $389,000 after purchasing an additional 3,210 shares during the period. Finally, bLong Financial LLC grew its position in iShares MSCI Europe Financials ETF by 72.3% during the 2nd quarter. bLong Financial LLC now owns 485,074 shares of the company’s stock worth $15,343,000 after purchasing an additional 203,518 shares in the last quarter.

iShares MSCI Europe Financials ETF Stock Down 1.4%

Shares of NASDAQ:EUFN opened at $37.17 on Friday. The company’s fifty day moving average is $37.25 and its two-hundred day moving average is $35.04. The company has a market cap of $4.74 billion, a P/E ratio of 11.10 and a beta of 0.94. iShares MSCI Europe Financials ETF has a 12-month low of $24.45 and a 12-month high of $38.99.

iShares MSCI Europe Financials ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a dividend of $0.5156 per share. This represents a yield of 286.0%. The ex-dividend date of this dividend was Tuesday, December 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. Component securities include those of banks, diversified financial companies, insurance companies and real estate companies.