1607 Capital Partners LLC Buys 921,396 Shares of iShares MSCI Europe Financials ETF $EUFN

1607 Capital Partners LLC increased its stake in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 32.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,805,027 shares of the company’s stock after acquiring an additional 921,396 shares during the quarter. iShares MSCI Europe Financials ETF makes up 9.6% of 1607 Capital Partners LLC’s holdings, making the stock its 2nd largest holding. 1607 Capital Partners LLC’s holdings in iShares MSCI Europe Financials ETF were worth $141,128,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of EUFN. Fisher Asset Management LLC boosted its position in iShares MSCI Europe Financials ETF by 3.0% during the 4th quarter. Fisher Asset Management LLC now owns 37,017,326 shares of the company’s stock worth $1,372,973,000 after acquiring an additional 1,084,716 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares MSCI Europe Financials ETF by 7.3% in the fourth quarter. JPMorgan Chase & Co. now owns 7,269,370 shares of the company’s stock worth $269,621,000 after purchasing an additional 492,826 shares in the last quarter. Morgan Stanley boosted its position in iShares MSCI Europe Financials ETF by 0.9% during the fourth quarter. Morgan Stanley now owns 5,452,627 shares of the company’s stock valued at $202,238,000 after purchasing an additional 46,774 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in iShares MSCI Europe Financials ETF by 67,377.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,040,525 shares of the company’s stock valued at $112,773,000 after purchasing an additional 3,036,019 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its position in iShares MSCI Europe Financials ETF by 16.3% during the fourth quarter. Victory Capital Management Inc. now owns 1,358,580 shares of the company’s stock valued at $50,390,000 after purchasing an additional 189,914 shares during the last quarter.

iShares MSCI Europe Financials ETF Price Performance

Shares of NASDAQ:EUFN opened at $38.74 on Thursday. iShares MSCI Europe Financials ETF has a fifty-two week low of $30.05 and a fifty-two week high of $39.35. The business has a 50-day moving average of $37.89 and a two-hundred day moving average of $36.95. The stock has a market capitalization of $3.69 billion, a P/E ratio of 11.10 and a beta of 0.78.

iShares MSCI Europe Financials ETF Announces Dividend

The business also recently announced a dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 15th will be issued a $1.1368 dividend. The ex-dividend date of this dividend is Monday, June 15th.

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. Component securities include those of banks, diversified financial companies, insurance companies and real estate companies.