iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Reaches New 52-Week High at $24.76

iShares MSCI Europe Financials ETF (NASDAQ:EUFN)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $24.76 and last traded at $24.69, with a volume of 3617 shares traded. The stock had previously closed at $24.72.

iShares MSCI Europe Financials ETF Price Performance

The stock’s 50 day moving average is $23.42 and its two-hundred day moving average is $23.06. The stock has a market capitalization of $2.07 billion, a PE ratio of 11.90 and a beta of 1.07.

Institutional Investors Weigh In On iShares MSCI Europe Financials ETF

A number of large investors have recently modified their holdings of EUFN. North Star Investment Management Corp. lifted its position in shares of iShares MSCI Europe Financials ETF by 15.1% during the 1st quarter. North Star Investment Management Corp. now owns 4,333 shares of the company’s stock worth $99,000 after buying an additional 568 shares during the last quarter. Capital Investment Advisory Services LLC boosted its position in shares of iShares MSCI Europe Financials ETF by 242.0% in the 1st quarter. Capital Investment Advisory Services LLC now owns 1,368 shares of the company’s stock valued at $31,000 after purchasing an additional 968 shares during the period. GAMMA Investing LLC grew its stake in iShares MSCI Europe Financials ETF by 664.4% during the 2nd quarter. GAMMA Investing LLC now owns 1,223 shares of the company’s stock worth $27,000 after buying an additional 1,063 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in iShares MSCI Europe Financials ETF by 22.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,135 shares of the company’s stock worth $150,000 after buying an additional 1,288 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its position in iShares MSCI Europe Financials ETF by 2.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 69,356 shares of the company’s stock worth $1,454,000 after buying an additional 1,621 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.