iShares MSCI Europe Financials ETF Target of Unusually High Options Trading (NASDAQ:EUFN)

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Cetera Investment Advisers grew its holdings in shares of iShares MSCI Europe Financials ETF by 3.5% during the 2nd quarter. Cetera Investment Advisers now owns 188,245 shares of the company’s stock worth $5,954,000 after purchasing an additional 6,313 shares during the period. Client First Investment Management LLC acquired a new stake in iShares MSCI Europe Financials ETF during the third quarter worth approximately $841,000. Banco de Sabadell S.A boosted its holdings in shares of iShares MSCI Europe Financials ETF by 42.0% in the 2nd quarter. Banco de Sabadell S.A now owns 61,897 shares of the company’s stock valued at $1,959,000 after buying an additional 18,317 shares in the last quarter. City of London Investment Management Co. Ltd. purchased a new position in shares of iShares MSCI Europe Financials ETF in the 2nd quarter valued at $230,000. Finally, 17 Capital Partners LLC raised its stake in iShares MSCI Europe Financials ETF by 35.3% during the 2nd quarter. 17 Capital Partners LLC now owns 12,310 shares of the company’s stock worth $389,000 after acquiring an additional 3,210 shares in the last quarter.

iShares MSCI Europe Financials ETF Stock Up 0.0%

Shares of iShares MSCI Europe Financials ETF stock traded up $0.02 on Thursday, reaching $38.23. The stock had a trading volume of 1,514,726 shares, compared to its average volume of 1,851,862. iShares MSCI Europe Financials ETF has a 1 year low of $24.45 and a 1 year high of $38.99. The company has a 50 day moving average price of $37.53 and a 200 day moving average price of $35.36. The stock has a market capitalization of $4.88 billion, a P/E ratio of 11.10 and a beta of 0.94.

iShares MSCI Europe Financials ETF Dividend Announcement

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

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.