iShares MSCI Europe Financials ETF (NASDAQ:EUFN)’s stock price dropped 1.3% on Monday . The company traded as low as $17.93 and last traded at $18.08. Approximately 616,265 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 997,761 shares. The stock had previously closed at $18.32.

The stock has a 50-day moving average of $17.63 and a two-hundred day moving average of $16.02.

Large investors have recently added to or reduced their stakes in the stock. Fisher Asset Management LLC increased its stake in iShares MSCI Europe Financials ETF by 469.0% in the 3rd quarter. Fisher Asset Management LLC now owns 20,487,934 shares of the company’s stock worth $281,504,000 after purchasing an additional 16,887,038 shares during the period. MML Investors Services LLC increased its stake in iShares MSCI Europe Financials ETF by 7.1% in the 3rd quarter. MML Investors Services LLC now owns 389,563 shares of the company’s stock worth $5,353,000 after purchasing an additional 25,907 shares during the period. Envestnet Asset Management Inc. increased its stake in iShares MSCI Europe Financials ETF by 7.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 339,580 shares of the company’s stock worth $4,666,000 after purchasing an additional 24,888 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in iShares MSCI Europe Financials ETF by 36.8% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 74,521 shares of the company’s stock worth $1,024,000 after purchasing an additional 20,038 shares during the period. Finally, Trexquant Investment LP purchased a new position in iShares MSCI Europe Financials ETF in the 3rd quarter worth approximately $620,000.

iShares MSCI Europe Financials ETF Company Profile (NASDAQ:EUFN)

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.

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