Liberty Wealth Management LLC Cuts Stock Position in iShares MSCI Europe Financials ETF $EUFN

Liberty Wealth Management LLC lessened its stake in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 94.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 7,733 shares of the company’s stock after selling 135,861 shares during the quarter. Liberty Wealth Management LLC’s holdings in iShares MSCI Europe Financials ETF were worth $245,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. DAVENPORT & Co LLC purchased a new position in shares of iShares MSCI Europe Financials ETF in the 1st quarter worth approximately $243,000. Cambridge Investment Research Advisors Inc. purchased a new position in iShares MSCI Europe Financials ETF in the first quarter worth $974,000. Northwestern Mutual Wealth Management Co. grew its stake in iShares MSCI Europe Financials ETF by 161.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 5,172 shares of the company’s stock worth $147,000 after buying an additional 3,194 shares during the last quarter. LPL Financial LLC grew its stake in iShares MSCI Europe Financials ETF by 101.9% during the 1st quarter. LPL Financial LLC now owns 416,375 shares of the company’s stock worth $11,863,000 after buying an additional 210,157 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in iShares MSCI Europe Financials ETF during the 2nd quarter worth $517,000.

iShares MSCI Europe Financials ETF Price Performance

Shares of EUFN stock opened at $33.94 on Tuesday. iShares MSCI Europe Financials ETF has a 1-year low of $22.77 and a 1-year high of $34.84. The company has a market cap of $4.42 billion, a price-to-earnings ratio of 11.10 and a beta of 0.94. The stock’s fifty day moving average price is $33.83 and its 200 day moving average price is $32.22.

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.