iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Sets New 1-Year High at $23.36

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $23.36 and last traded at $23.32, with a volume of 54523 shares trading hands. The stock had previously closed at $22.99.

iShares MSCI Europe Financials ETF Stock Performance

The company has a market capitalization of $1.49 billion, a PE ratio of 11.90 and a beta of 1.07. The stock’s 50 day moving average is $22.36 and its 200 day moving average is $20.94.

Institutional Trading of iShares MSCI Europe Financials ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. AMJ Financial Wealth Management bought a new stake in shares of iShares MSCI Europe Financials ETF during the first quarter valued at about $323,000. RiverFront Investment Group LLC lifted its stake in iShares MSCI Europe Financials ETF by 8.6% in the 1st quarter. RiverFront Investment Group LLC now owns 424,913 shares of the company’s stock worth $9,662,000 after purchasing an additional 33,812 shares in the last quarter. Palisade Asset Management LLC bought a new position in iShares MSCI Europe Financials ETF in the 1st quarter valued at $38,000. Greenwood Capital Associates LLC grew its position in shares of iShares MSCI Europe Financials ETF by 93.0% during the 1st quarter. Greenwood Capital Associates LLC now owns 124,747 shares of the company’s stock valued at $2,837,000 after purchasing an additional 60,104 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in iShares MSCI Europe Financials ETF by 5.8% during the first quarter. Janney Montgomery Scott LLC now owns 73,358 shares of the company’s stock valued at $1,668,000 after buying an additional 4,002 shares during the period.

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.