JPMorgan Chase & Co. Trims Holdings in iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

JPMorgan Chase & Co. lowered its position in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 0.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,367,252 shares of the company’s stock after selling 23,405 shares during the period. JPMorgan Chase & Co. owned approximately 13.15% of iShares MSCI Europe Financials ETF worth $241,557,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. PNC Financial Services Group Inc. raised its stake in shares of iShares MSCI Europe Financials ETF by 50.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,932 shares of the company’s stock valued at $45,000 after buying an additional 644 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in iShares MSCI Europe Financials ETF by 246.0% during the fourth quarter. Jones Financial Companies Lllp now owns 2,450 shares of the company’s stock worth $57,000 after acquiring an additional 1,742 shares during the period. EP Wealth Advisors LLC purchased a new position in iShares MSCI Europe Financials ETF during the third quarter valued at approximately $183,000. Private Advisor Group LLC purchased a new position in iShares MSCI Europe Financials ETF during the fourth quarter valued at approximately $229,000. Finally, Steward Partners Investment Advisory LLC lifted its holdings in iShares MSCI Europe Financials ETF by 7.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 11,922 shares of the company’s stock valued at $278,000 after acquiring an additional 800 shares during the period.

iShares MSCI Europe Financials ETF Price Performance

Shares of NASDAQ EUFN opened at $28.49 on Tuesday. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of 11.92 and a beta of 1.07. The firm’s 50 day simple moving average is $27.16 and its 200-day simple moving average is $25.10. iShares MSCI Europe Financials ETF has a 12 month low of $21.04 and a 12 month high of $29.55.

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.