iShares MSCI Europe Financials ETF $EUFN Stock: Fisher Asset Management LLC Reduces Position

Fisher Asset Management LLC lowered its holdings in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 7.4% in the third quarter, HoldingsChannel.com reports. The fund owned 17,346,632 shares of the company’s stock after selling 1,379,153 shares during the quarter. Fisher Asset Management LLC owned about 0.22% of iShares MSCI Europe Financials ETF worth $690,049,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its holdings in shares of iShares MSCI Europe Financials ETF by 31.9% in the second quarter. Envestnet Asset Management Inc. now owns 1,529,480 shares of the company’s stock valued at $59,634,000 after purchasing an additional 369,640 shares in the last quarter. Tidal Investments LLC purchased a new position in shares of iShares MSCI Europe Financials ETF during the 2nd quarter worth approximately $13,164,000. Anderson Hoagland & Co. raised its position in shares of iShares MSCI Europe Financials ETF by 1.8% during the 3rd quarter. Anderson Hoagland & Co. now owns 154,515 shares of the company’s stock worth $5,876,000 after purchasing an additional 2,758 shares during the last quarter. HighTower Advisors LLC raised its position in shares of iShares MSCI Europe Financials ETF by 7.1% during the 2nd quarter. HighTower Advisors LLC now owns 136,156 shares of the company’s stock worth $5,309,000 after purchasing an additional 9,063 shares during the last quarter. Finally, Evergreen Private Wealth LLC raised its position in shares of iShares MSCI Europe Financials ETF by 0.5% during the 3rd quarter. Evergreen Private Wealth LLC now owns 96,491 shares of the company’s stock worth $3,838,000 after purchasing an additional 451 shares during the last quarter.

iShares MSCI Europe Financials ETF Stock Performance

EUFN stock opened at $39.56 on Friday. iShares MSCI Europe Financials ETF has a 1 year low of $32.90 and a 1 year high of $43.07. The stock’s 50 day moving average price is $39.73 and its 200 day moving average price is $38.75. The firm has a market cap of $3.07 billion, a P/E ratio of 11.39 and a beta of 0.79.

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.