Mirae Asset Global Investments Co. Ltd. Invests $20.37 Million in iShares MSCI Europe Financials ETF $EUFN

Mirae Asset Global Investments Co. Ltd. acquired a new position in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 593,200 shares of the company’s stock, valued at approximately $20,370,000.

Several other large investors have also bought and sold shares of the stock. Assetmark Inc. bought a new stake in shares of iShares MSCI Europe Financials ETF in the 2nd quarter valued at about $82,084,000. Schroder Investment Management Group bought a new stake in iShares MSCI Europe Financials ETF in the second quarter valued at approximately $60,333,000. Bensler LLC acquired a new stake in iShares MSCI Europe Financials ETF during the 2nd quarter valued at approximately $21,269,000. Envestnet Asset Management Inc. raised its holdings in iShares MSCI Europe Financials ETF by 27.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,644,498 shares of the company’s stock worth $83,640,000 after purchasing an additional 571,534 shares during the last quarter. Finally, RiverFront Investment Group LLC raised its holdings in iShares MSCI Europe Financials ETF by 29.1% during the 2nd quarter. RiverFront Investment Group LLC now owns 2,360,087 shares of the company’s stock worth $74,650,000 after purchasing an additional 532,048 shares during the last quarter.

iShares MSCI Europe Financials ETF Stock Performance

NASDAQ:EUFN opened at $38.47 on Friday. iShares MSCI Europe Financials ETF has a 52 week low of $24.45 and a 52 week high of $38.82. The firm’s fifty day moving average is $36.55 and its 200-day moving average is $34.62. The firm has a market cap of $4.91 billion, a P/E ratio of 11.10 and a beta of 0.94.

iShares MSCI Europe Financials ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $0.5156 dividend. This represents a dividend yield of 286.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

iShares MSCI Europe Financials ETF Company 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. Component securities include those of banks, diversified financial companies, insurance companies and real estate companies.