Truist Financial Corp Cuts Stake in iShares MSCI Europe Financials ETF $EUFN

Truist Financial Corp reduced its position in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFNFree Report) by 27.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 71,066 shares of the company’s stock after selling 27,179 shares during the quarter. Truist Financial Corp owned about 0.06% of iShares MSCI Europe Financials ETF worth $2,636,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. lifted its position in iShares MSCI Europe Financials ETF by 110.8% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,250,666 shares of the company’s stock worth $46,387,000 after buying an additional 657,466 shares during the last quarter. DAVENPORT & Co LLC lifted its position in shares of iShares MSCI Europe Financials ETF by 165.2% during the fourth quarter. DAVENPORT & Co LLC now owns 26,129 shares of the company’s stock worth $969,000 after purchasing an additional 16,277 shares during the last quarter. Fluent Financial LLC bought a new stake in iShares MSCI Europe Financials ETF during the 4th quarter valued at about $1,772,000. Jones Financial Companies Lllp lifted its holdings in iShares MSCI Europe Financials ETF by 61.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 53,690 shares of the company’s stock valued at $1,833,000 after buying an additional 20,456 shares in the last quarter. Finally, Cary Street Partners Financial LLC bought a new position in iShares MSCI Europe Financials ETF in the 3rd quarter worth about $826,000.

iShares MSCI Europe Financials ETF Price Performance

Shares of EUFN stock opened at $37.55 on Wednesday. The company has a market capitalization of $3.58 billion, a P/E ratio of 11.10 and a beta of 0.79. The company’s 50-day simple moving average is $36.11 and its two-hundred day simple moving average is $36.21. iShares MSCI Europe Financials ETF has a one year low of $30.05 and a one year high of $39.23.

iShares MSCI Europe Financials ETF Profile

(Free Report)

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. Component securities include those of banks, diversified financial companies, insurance companies and real estate companies.

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

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