LFA Lugano Financial Advisors SA Reduces Holdings in iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

Financial Advisors


LFA Lugano Financial Advisors SA cut its equity position in the iShares MSCI Europe Financial ETF (NASDAQ:EUFN – Get Rating) by 34.2% in the fourth quarter, according to its latest filing with the Securities and Exchange Commission (SEC). The fund owned 42,940 shares of the company’s stock after selling 22,352 shares during the period. LFA Lugano Financial Advisors SA owned his 0.06% of the iShares MSCI Europe Financials ETF worth $753,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently changed positions in the EUFN. Advisor Group Holdings Inc. increased his iShares MSCI Europe Financials ETF holdings by 18.1% in the first quarter. Advisor Group Holdings Inc. now owns 10,270 shares of the company worth $326,000 after he purchased an additional 1,574 shares last quarter. Raymond James & Associates increased its stake in the iShares MSCI Europe Financials ETF by 26.6% in the first quarter. Raymond James & Associates now owns 28,077 shares of the company worth $531,000 after acquiring an additional 5,900 of his shares last quarter. Raymond James Financial Services Advisors Inc. increased its stake in the iShares MSCI Europe Financials ETF by 2.2% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 73,093 shares of the company worth $1,382,000 after acquiring an additional 1,553 of his shares during the previous quarter. Zions Bancorporation NA increased its stake in the iShares MSCI Europe Financials ETF by 32.3% in the first quarter. Zions Bancorporation NA now owns 3,533 shares worth $66,000 after acquiring an additional 863 shares during the previous quarter. Finally, UBS Group AG increased its stake in the iShares MSCI Europe Financials ETF by 19.4% in the first quarter. UBS Group AG now owns 546,529 shares in the company valued at $10,335,000 after acquiring a further 88,817 shares during the previous quarter.

iShares MSCI Europe Financials ETF Price Performance

The NASDAQ EUFN rose $0.36 in Friday trading to reach $19.62. The company’s stock had a trading volume of 842,922 shares, with an average trading volume of his 1,376,784 shares. The stock has a market cap of $1.61 billion, a PE ratio of 8.05 and a beta of 1.07. The company has a 50-day moving average of $19.26 and a 200-day moving average of $19.34. The iShares MSCI Europe Financials ETF hit a one-year low of $13.54 and a one-year high of $20.27.

iShares MSCI Europe Financials ETF Company Profile

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The iShares MSCI Europe Financials ETF, formerly known as the iShares MSCI Europe Financials Sector Index Fund (Fund), is an exchange-traded fund. The Fund seeks investment results that generally correspond to the price and yield performance of the MSCI European Financial Indices (Index). The index is a float-adjusted market capitalization weighted index designed to measure the combined equity market performance of the financial sector of the European developed market countries.

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Want to know which other hedge funds hold EUFN? Visit HoldingsChannel.com to get the latest 13F filings and insider trading of iShares MSCI Europe Financials ETF (NASDAQ:EUFN – Get Rating).

iShares MSCI European Financials ETF (NASDAQ:EUFN) Quarterly Institutional Ownership

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