Raymond James Financial Inc. Invests $5.80 Million in iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

Raymond James Financial Inc. acquired a new stake in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 249,049 shares of the company’s stock, valued at approximately $5,803,000. Raymond James Financial Inc. owned approximately 0.32% of iShares MSCI Europe Financials ETF at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in EUFN. Jones Financial Companies Lllp raised its holdings in shares of iShares MSCI Europe Financials ETF by 246.0% in the 4th quarter. Jones Financial Companies Lllp now owns 2,450 shares of the company’s stock valued at $57,000 after purchasing an additional 1,742 shares in the last quarter. Centaurus Financial Inc. purchased a new position in iShares MSCI Europe Financials ETF during the third quarter valued at approximately $103,000. EP Wealth Advisors LLC bought a new position in iShares MSCI Europe Financials ETF in the third quarter worth approximately $183,000. Private Advisor Group LLC purchased a new stake in iShares MSCI Europe Financials ETF during the fourth quarter worth $229,000. Finally, Steward Partners Investment Advisory LLC boosted its position in iShares MSCI Europe Financials ETF by 7.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 11,922 shares of the company’s stock valued at $278,000 after acquiring an additional 800 shares in the last quarter.

iShares MSCI Europe Financials ETF Trading Up 0.7 %

EUFN opened at $29.04 on Tuesday. The firm has a market cap of $2.29 billion, a price-to-earnings ratio of 11.92 and a beta of 1.07. iShares MSCI Europe Financials ETF has a 12 month low of $21.04 and a 12 month high of $29.55. The stock has a fifty day moving average price of $26.68 and a 200-day moving average price of $24.91.

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.