Waterfront Wealth Inc. Boosts Stock Position in iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

Waterfront Wealth Inc. grew its position in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 3.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 249,120 shares of the company’s stock after purchasing an additional 7,921 shares during the quarter. iShares MSCI Europe Financials ETF makes up about 1.4% of Waterfront Wealth Inc.’s holdings, making the stock its 14th largest position. Waterfront Wealth Inc. owned 0.32% of iShares MSCI Europe Financials ETF worth $5,804,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in iShares MSCI Europe Financials ETF by 1.1% in the third quarter. JPMorgan Chase & Co. now owns 10,390,657 shares of the company’s stock valued at $256,961,000 after purchasing an additional 109,153 shares during the period. Jane Street Group LLC lifted its position in iShares MSCI Europe Financials ETF by 263.2% in the third quarter. Jane Street Group LLC now owns 1,872,119 shares of the company’s stock valued at $46,298,000 after purchasing an additional 1,356,609 shares during the period. Bank of Montreal Can lifted its position in iShares MSCI Europe Financials ETF by 747.1% in the third quarter. Bank of Montreal Can now owns 304,363 shares of the company’s stock valued at $7,585,000 after purchasing an additional 268,435 shares during the period. Raymond James & Associates lifted its position in iShares MSCI Europe Financials ETF by 0.3% in the third quarter. Raymond James & Associates now owns 234,366 shares of the company’s stock valued at $5,796,000 after purchasing an additional 683 shares during the period. Finally, HighTower Advisors LLC lifted its position in iShares MSCI Europe Financials ETF by 3.0% in the third quarter. HighTower Advisors LLC now owns 105,769 shares of the company’s stock valued at $2,613,000 after purchasing an additional 3,050 shares during the period.

iShares MSCI Europe Financials ETF Trading Up 0.6 %

EUFN stock opened at $26.73 on Friday. The firm has a 50 day moving average of $24.51 and a 200-day moving average of $24.10. iShares MSCI Europe Financials ETF has a 12-month low of $20.68 and a 12-month high of $27.05. The company has a market cap of $2.11 billion, a price-to-earnings ratio of 11.90 and a beta of 1.07.

iShares MSCI Europe Financials ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.4752 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

About iShares MSCI Europe Financials ETF

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.