Mirae Asset Global Investments Co. Ltd. Buys Shares of 593,200 iShares MSCI Europe Financials ETF $EUFN

Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 593,200 shares of the company’s stock, valued at approximately $20,370,000. Mirae Asset Global Investments Co. Ltd. owned about 0.46% of iShares MSCI Europe Financials ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Transamerica Financial Advisors LLC boosted its holdings in shares of iShares MSCI Europe Financials ETF by 1.1% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 35,325 shares of the company’s stock valued at $1,117,000 after buying an additional 376 shares during the last quarter. Brookstone Capital Management lifted its stake in iShares MSCI Europe Financials ETF by 5.8% in the third quarter. Brookstone Capital Management now owns 6,970 shares of the company’s stock valued at $239,000 after acquiring an additional 380 shares during the last quarter. Belpointe Asset Management LLC grew its position in shares of iShares MSCI Europe Financials ETF by 5.2% in the 2nd quarter. Belpointe Asset Management LLC now owns 10,516 shares of the company’s stock valued at $333,000 after acquiring an additional 516 shares during the period. Fortis Capital Advisors LLC grew its position in shares of iShares MSCI Europe Financials ETF by 5.2% in the 2nd quarter. Fortis Capital Advisors LLC now owns 10,516 shares of the company’s stock valued at $333,000 after acquiring an additional 516 shares during the period. Finally, Wilmington Savings Fund Society FSB increased its stake in shares of iShares MSCI Europe Financials ETF by 37.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 2,685 shares of the company’s stock worth $92,000 after purchasing an additional 733 shares during the last quarter.

iShares MSCI Europe Financials ETF Stock Up 0.8%

Shares of NASDAQ EUFN opened at $38.47 on Friday. The business’s 50 day moving average price is $36.55 and its two-hundred day moving average price is $34.62. The company has a market cap of $4.91 billion, a PE ratio of 11.10 and a beta of 0.94. iShares MSCI Europe Financials ETF has a twelve month low of $24.45 and a twelve month high of $38.82.

iShares MSCI Europe Financials ETF Dividend Announcement

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

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. Component securities include those of banks, diversified financial companies, insurance companies and real estate companies.