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

Waterfront Wealth Inc. increased its stake in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 0.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 236,929 shares of the company’s stock after buying an additional 1,108 shares during the period. iShares MSCI Europe Financials ETF comprises about 1.5% of Waterfront Wealth Inc.’s holdings, making the stock its 15th biggest position. Waterfront Wealth Inc. owned about 0.38% of iShares MSCI Europe Financials ETF worth $4,966,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in EUFN. Jane Street Group LLC increased its holdings in iShares MSCI Europe Financials ETF by 670.3% during the first quarter. Jane Street Group LLC now owns 7,765,112 shares of the company’s stock worth $145,208,000 after buying an additional 6,757,003 shares during the last quarter. RiverFront Investment Group LLC purchased a new stake in iShares MSCI Europe Financials ETF during the first quarter worth about $31,788,000. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI Europe Financials ETF by 38.4% in the first quarter. JPMorgan Chase & Co. now owns 5,870,707 shares of the company’s stock worth $109,784,000 after purchasing an additional 1,630,224 shares in the last quarter. Bank of America Corp DE increased its stake in shares of iShares MSCI Europe Financials ETF by 227.8% in the first quarter. Bank of America Corp DE now owns 733,142 shares of the company’s stock worth $13,864,000 after purchasing an additional 509,500 shares in the last quarter. Finally, Prudential PLC purchased a new position in shares of iShares MSCI Europe Financials ETF in the third quarter worth about $6,032,000.

iShares MSCI Europe Financials ETF Price Performance

Shares of EUFN traded up $0.22 during trading hours on Wednesday, hitting $21.81. The company’s stock had a trading volume of 606,514 shares, compared to its average volume of 522,277. The company has a market cap of $1.36 billion, a price-to-earnings ratio of 8.05 and a beta of 1.07. The business has a 50 day simple moving average of $21.74 and a two-hundred day simple moving average of $20.52. iShares MSCI Europe Financials ETF has a 52-week low of $17.85 and a 52-week high of $23.12.

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.