RiverFront Investment Group LLC Raises Holdings in iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

RiverFront Investment Group LLC boosted its stake in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 0.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 391,101 shares of the company’s stock after purchasing an additional 1,902 shares during the quarter. RiverFront Investment Group LLC owned approximately 0.63% of iShares MSCI Europe Financials ETF worth $8,197,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. CWM LLC increased its holdings in shares of iShares MSCI Europe Financials ETF by 408.7% in the 3rd quarter. CWM LLC now owns 1,343 shares of the company’s stock valued at $25,000 after acquiring an additional 1,079 shares during the last quarter. Global Retirement Partners LLC increased its holdings in shares of iShares MSCI Europe Financials ETF by 100,750.0% in the 4th quarter. Global Retirement Partners LLC now owns 2,017 shares of the company’s stock valued at $41,000 after acquiring an additional 2,015 shares during the last quarter. Financial Advocates Investment Management purchased a new position in shares of iShares MSCI Europe Financials ETF in the 3rd quarter valued at about $39,000. Modera Wealth Management LLC purchased a new position in shares of iShares MSCI Europe Financials ETF in the 3rd quarter valued at about $108,000. Finally, International Assets Investment Management LLC purchased a new position in shares of iShares MSCI Europe Financials ETF in the 4th quarter valued at about $198,000.

iShares MSCI Europe Financials ETF Price Performance

Shares of EUFN traded up $0.12 during mid-day trading on Friday, reaching $22.46. The company’s stock had a trading volume of 438,447 shares, compared to its average volume of 541,227. iShares MSCI Europe Financials ETF has a 12-month low of $17.85 and a 12-month high of $23.12. The stock has a market cap of $1.42 billion, a PE ratio of 11.54 and a beta of 1.07. The company’s 50 day moving average is $22.03 and its 200 day moving average is $20.70.

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.