Morgan Stanley Decreases Stock Holdings in iShares MSCI Europe Financials ETF (NASDAQ:EUFN)

Morgan Stanley lowered its stake in shares of iShares MSCI Europe Financials ETF (NASDAQ:EUFN) by 10.1% during the first quarter, Holdings Channel reports. The institutional investor owned 1,537,182 shares of the company’s stock after selling 173,629 shares during the period. Morgan Stanley’s holdings in iShares MSCI Europe Financials ETF were worth $19,261,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in EUFN. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares MSCI Europe Financials ETF by 92.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,339 shares of the company’s stock worth $26,000 after buying an additional 644 shares in the last quarter. FMR LLC boosted its holdings in iShares MSCI Europe Financials ETF by 216.5% during the fourth quarter. FMR LLC now owns 1,440 shares of the company’s stock worth $28,000 after buying an additional 985 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in iShares MSCI Europe Financials ETF by 1,031.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,217 shares of the company’s stock worth $43,000 after buying an additional 2,021 shares in the last quarter. Boston Private Wealth LLC purchased a new stake in iShares MSCI Europe Financials ETF during the fourth quarter worth about $44,000. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new stake in iShares MSCI Europe Financials ETF during the fourth quarter worth about $54,000.

Shares of NASDAQ EUFN opened at $14.26 on Wednesday. iShares MSCI Europe Financials ETF has a 12-month low of $10.59 and a 12-month high of $19.80. The firm’s 50-day moving average is $13.75 and its two-hundred day moving average is $15.64.

iShares MSCI Europe Financials ETF Company 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.

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Want to see what other hedge funds are holding EUFN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Europe Financials ETF (NASDAQ:EUFN).

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

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