Stock Traders Buy Large Volume of Put Options on iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) saw unusually large options trading on Thursday. Stock traders bought 20,223 put options on the company. This represents an increase of 5,046% compared to the average volume of 393 put options.

iShares MSCI Europe Financials ETF Stock Performance

Shares of NASDAQ:EUFN opened at $37.71 on Friday. The stock has a 50-day simple moving average of $37.59 and a 200-day simple moving average of $35.41. The stock has a market capitalization of $4.81 billion, a P/E ratio of 11.10 and a beta of 0.94. iShares MSCI Europe Financials ETF has a 1 year low of $24.45 and a 1 year high of $38.99.

iShares MSCI Europe Financials ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a dividend of $0.5156 per share. This represents a yield of 286.0%. The ex-dividend date was Tuesday, December 16th.

Hedge Funds Weigh In On iShares MSCI Europe Financials ETF

A number of hedge funds have recently made changes to their positions in EUFN. Triumph Capital Management purchased a new stake in iShares MSCI Europe Financials ETF during the 3rd quarter worth $31,000. Larson Financial Group LLC raised its position in iShares MSCI Europe Financials ETF by 85.5% in the fourth quarter. Larson Financial Group LLC now owns 855 shares of the company’s stock valued at $32,000 after purchasing an additional 394 shares during the period. Arax Advisory Partners acquired a new position in shares of iShares MSCI Europe Financials ETF during the fourth quarter worth about $32,000. Avion Wealth acquired a new position in shares of iShares MSCI Europe Financials ETF during the third quarter worth about $34,000. Finally, Guerra Advisors Inc purchased a new stake in shares of iShares MSCI Europe Financials ETF in the third quarter worth about $36,000.

About iShares MSCI Europe Financials ETF

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.