Bessemer Group Inc. Makes New $763,000 Investment in iShares MSCI Europe Financials ETF $EUFN

Bessemer Group Inc. acquired a new stake in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) in the 1st quarter, Holdings Channel reports. The institutional investor acquired 21,889 shares of the company’s stock, valued at approximately $763,000.

Other institutional investors have also recently made changes to their positions in the company. Larson Financial Group LLC raised its holdings in iShares MSCI Europe Financials ETF by 85.5% during the 4th quarter. Larson Financial Group LLC now owns 855 shares of the company’s stock valued at $32,000 after buying an additional 394 shares during the last quarter. Arax Advisory Partners purchased a new stake in iShares MSCI Europe Financials ETF during the 4th quarter valued at $32,000. Triumph Capital Management bought a new stake in iShares MSCI Europe Financials ETF in the 3rd quarter worth $31,000. Allspring Global Investments Holdings LLC increased its position in shares of iShares MSCI Europe Financials ETF by 130.1% in the first quarter. Allspring Global Investments Holdings LLC now owns 918 shares of the company’s stock valued at $32,000 after acquiring an additional 519 shares during the period. Finally, Group One Trading LLC purchased a new position in shares of iShares MSCI Europe Financials ETF in the fourth quarter valued at about $40,000.

iShares MSCI Europe Financials ETF Trading Down 2.1%

Shares of NASDAQ:EUFN opened at $39.87 on Friday. The company has a market cap of $3.85 billion, a price-to-earnings ratio of 11.10 and a beta of 0.78. The company has a 50-day moving average price of $38.86 and a 200-day moving average price of $37.54. iShares MSCI Europe Financials ETF has a 12 month low of $31.44 and a 12 month high of $41.00.

iShares MSCI Europe Financials ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a dividend of $1.1368 per share. The ex-dividend date was Monday, June 15th.

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.