Fluent Financial LLC Takes Position in iShares MSCI Europe Financials ETF $EUFN

Fluent Financial LLC acquired a new position in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 47,779 shares of the company’s stock, valued at approximately $1,772,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. 1607 Capital Partners LLC lifted its position in iShares MSCI Europe Financials ETF by 493.5% during the third quarter. 1607 Capital Partners LLC now owns 2,883,631 shares of the company’s stock valued at $99,024,000 after buying an additional 2,397,747 shares during the period. Schroder Investment Management Group purchased a new position in iShares MSCI Europe Financials ETF during the 2nd quarter valued at about $60,333,000. Victory Capital Management Inc. purchased a new stake in iShares MSCI Europe Financials ETF in the third quarter worth about $40,132,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of iShares MSCI Europe Financials ETF during the third quarter valued at approximately $20,370,000. Finally, Fisher Asset Management LLC boosted its position in shares of iShares MSCI Europe Financials ETF by 1.7% in the 3rd quarter. Fisher Asset Management LLC now owns 35,932,610 shares of the company’s stock worth $1,233,926,000 after purchasing an additional 587,501 shares in the last quarter.

iShares MSCI Europe Financials ETF Stock Performance

Shares of EUFN stock opened at $33.26 on Friday. The company has a market capitalization of $4.24 billion, a price-to-earnings ratio of 11.10 and a beta of 0.94. iShares MSCI Europe Financials ETF has a one year low of $24.45 and a one year high of $38.99. The company’s 50-day moving average is $36.52 and its 200 day moving average is $35.52.

iShares MSCI Europe Financials ETF 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.