iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Shares Sold by Citigroup Inc.

Citigroup Inc. lessened its holdings in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 3.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 326,915 shares of the company’s stock after selling 10,237 shares during the quarter. Citigroup Inc. owned approximately 0.91% of iShares MSCI Europe Financials ETF worth $5,937,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of EUFN. MML Investors Services LLC boosted its position in iShares MSCI Europe Financials ETF by 957.0% during the first quarter. MML Investors Services LLC now owns 196,491 shares of the company’s stock worth $3,568,000 after acquiring an additional 177,901 shares during the last quarter. CIBC World Markets Inc. acquired a new position in shares of iShares MSCI Europe Financials ETF in the 1st quarter valued at about $393,000. Cetera Advisors LLC boosted its holdings in shares of iShares MSCI Europe Financials ETF by 5.9% in the 1st quarter. Cetera Advisors LLC now owns 20,033 shares of the company’s stock valued at $370,000 after buying an additional 1,121 shares during the period. LFA Lugano Financial Advisors SA boosted its stake in iShares MSCI Europe Financials ETF by 58.8% during the 1st quarter. LFA Lugano Financial Advisors SA now owns 25,800 shares of the company’s stock valued at $468,000 after purchasing an additional 9,550 shares during the period. Finally, Capital Investment Advisory Services LLC bought a new stake in shares of iShares MSCI Europe Financials ETF during the 1st quarter worth about $106,000.

Shares of EUFN stock traded up $0.06 during trading hours on Monday, reaching $18.21. 370,894 shares of the stock traded hands, compared to its average volume of 623,558. The firm has a fifty day moving average of $18.28. iShares MSCI Europe Financials ETF has a 1-year low of $16.25 and a 1-year high of $21.30.

The business also recently disclosed a semiannual dividend, which was paid on Friday, June 21st. Investors of record on Tuesday, June 18th were given a dividend of $0.7052 per share. The ex-dividend date was Monday, June 17th. This is an increase from iShares MSCI Europe Financials ETF’s previous semiannual dividend of $0.28. This represents a yield of 6.25%.

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.

See Also: Derivative

Institutional Ownership by Quarter for iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

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