iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Sees Strong Trading Volume – Should You Buy?

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) shares saw strong trading volume on Monday . 77,079 shares were traded during mid-day trading, a decline of 10% from the previous session’s volume of 85,894 shares.The stock last traded at $23.64 and had previously closed at $23.28.

iShares MSCI Europe Financials ETF Price Performance

The stock has a fifty day moving average price of $23.73 and a two-hundred day moving average price of $23.62. The company has a market cap of $1.82 billion, a P/E ratio of 11.90 and a beta of 1.07.

iShares MSCI Europe Financials ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.4752 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

Hedge Funds Weigh In On iShares MSCI Europe Financials ETF

Several large investors have recently bought and sold shares of EUFN. GAMMA Investing LLC lifted its stake in shares of iShares MSCI Europe Financials ETF by 37.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,684 shares of the company’s stock worth $42,000 after acquiring an additional 461 shares during the period. FMR LLC lifted its position in iShares MSCI Europe Financials ETF by 11.6% in the third quarter. FMR LLC now owns 49,039 shares of the company’s stock worth $1,213,000 after purchasing an additional 5,104 shares during the period. HighTower Advisors LLC boosted its stake in iShares MSCI Europe Financials ETF by 3.0% during the 3rd quarter. HighTower Advisors LLC now owns 105,769 shares of the company’s stock valued at $2,613,000 after purchasing an additional 3,050 shares in the last quarter. Creative Planning bought a new position in iShares MSCI Europe Financials ETF during the 2nd quarter valued at $609,000. Finally, JPMorgan Chase & Co. increased its position in shares of iShares MSCI Europe Financials ETF by 1.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,390,657 shares of the company’s stock valued at $256,961,000 after purchasing an additional 109,153 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.