iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Reaches New 12-Month High – What’s Next?

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) hit a new 52-week high on Thursday . The stock traded as high as $25.11 and last traded at $25.13, with a volume of 254375 shares changing hands. The stock had previously closed at $24.74.

iShares MSCI Europe Financials ETF Trading Up 0.1 %

The stock’s 50-day moving average price is $23.78 and its 200-day moving average price is $23.73. The company has a market cap of $1.95 billion, a P/E ratio of 11.90 and a beta of 1.07.

iShares MSCI Europe Financials ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.4752 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Calton & Associates Inc. grew its holdings in iShares MSCI Europe Financials ETF by 94.3% during the fourth quarter. Calton & Associates Inc. now owns 16,449 shares of the company’s stock valued at $383,000 after purchasing an additional 7,985 shares during the period. Park Avenue Securities LLC purchased a new stake in iShares MSCI Europe Financials ETF during the fourth quarter valued at about $732,000. JPMorgan Chase & Co. boosted its position in iShares MSCI Europe Financials ETF by 1.1% during the third quarter. JPMorgan Chase & Co. now owns 10,390,657 shares of the company’s stock worth $256,961,000 after purchasing an additional 109,153 shares during the period. EP Wealth Advisors LLC purchased a new position in shares of iShares MSCI Europe Financials ETF in the third quarter worth about $183,000. Finally, Jane Street Group LLC raised its position in shares of iShares MSCI Europe Financials ETF by 263.2% in the third quarter. Jane Street Group LLC now owns 1,872,119 shares of the company’s stock valued at $46,298,000 after purchasing an additional 1,356,609 shares during the period.

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.