MML Investors Services LLC Sells 4,048 Shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

MML Investors Services LLC lessened its stake in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 7.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 52,268 shares of the company’s stock after selling 4,048 shares during the period. MML Investors Services LLC’s holdings in iShares MSCI Europe Financials ETF were worth $1,293,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. GAMMA Investing LLC lifted its stake in shares of iShares MSCI Europe Financials ETF by 37.7% in the third quarter. GAMMA Investing LLC now owns 1,684 shares of the company’s stock valued at $42,000 after buying an additional 461 shares during the period. Ashton Thomas Private Wealth LLC bought a new stake in shares of iShares MSCI Europe Financials ETF in the second quarter valued at about $49,000. Fifth Third Bancorp bought a new stake in shares of iShares MSCI Europe Financials ETF in the second quarter valued at about $51,000. Centaurus Financial Inc. bought a new stake in shares of iShares MSCI Europe Financials ETF in the third quarter valued at about $103,000. Finally, EP Wealth Advisors LLC bought a new stake in shares of iShares MSCI Europe Financials ETF in the third quarter valued at about $183,000.

iShares MSCI Europe Financials ETF Stock Down 2.6 %

Shares of EUFN opened at $23.04 on Thursday. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 11.90 and a beta of 1.07. iShares MSCI Europe Financials ETF has a 12 month low of $19.89 and a 12 month high of $25.09. The company has a 50-day moving average price of $24.02 and a two-hundred day moving average price of $23.59.

iShares MSCI Europe Financials ETF Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th will be paid a dividend of $0.4752 per share. The ex-dividend date is Tuesday, December 17th.

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.