iShares MSCI Europe Financials ETF (NASDAQ:EUFN) to Issue $0.52 Dividend

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) announced a dividend on Monday, December 15th. Investors of record on Tuesday, December 16th will be given a dividend of 0.5156 per share on Friday, December 19th. This represents a yield of 282.0%. The ex-dividend date of this dividend is Tuesday, December 16th.

iShares MSCI Europe Financials ETF Stock Up 1.1%

Shares of EUFN opened at $36.53 on Tuesday. The company has a market capitalization of $4.75 billion, a price-to-earnings ratio of 11.10 and a beta of 0.94. iShares MSCI Europe Financials ETF has a 52-week low of $22.77 and a 52-week high of $36.59. The stock has a 50 day moving average price of $34.30 and a 200 day moving average price of $33.33.

Institutional Investors Weigh In On iShares MSCI Europe Financials ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Triumph Capital Management purchased a new stake in iShares MSCI Europe Financials ETF in the third quarter valued at $31,000. Avion Wealth acquired a new stake in shares of iShares MSCI Europe Financials ETF in the 3rd quarter valued at about $34,000. Guerra Advisors Inc acquired a new stake in shares of iShares MSCI Europe Financials ETF in the 3rd quarter valued at about $36,000. Opal Wealth Advisors LLC purchased a new position in iShares MSCI Europe Financials ETF during the 2nd quarter worth approximately $45,000. Finally, TD Private Client Wealth LLC increased its position in iShares MSCI Europe Financials ETF by 30.8% during the second quarter. TD Private Client Wealth LLC now owns 1,635 shares of the company’s stock worth $52,000 after buying an additional 385 shares during the period.

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.