ETFs Hold About $4.5 billion of Johnson & Johnson Tuesday, October 5, 7:50 AM ET, by Market News Video Staff ETFChannel.com's "ETF Components" toplist shows that aggregately ETFs hold nearly $4.5 billion of Johnson & ...
ETFs Hold More Than $3.2 Billion of Pfizer Friday, October 8, 7:51 AM ET, by Market News Video Staff According to ETFChannel.com's Top ETF Stock Components list, ETFs hold over $3.2 billion of Pfizer ...
Morgan Stanley Grows More Bullish on JNJ Wednesday, October 20, 11:41 AM ET, by Market News Video Staff This morning, Morgan Stanley raised its EPS estimates on shares of Johnson & Johnson (JNJ) ...
ETFs Impacted by Merck Results on Friday Morning Friday, October 29, 9:22 AM ET, by Market News Video Staff This morning, Merck (MRK) announced third quarter earnings of 85 cents per share, ex-items, narrowly ...
EEN at Discount to NAV, Largest Holding Crucell N.V. ADR
By Market News Video Staff, Friday, October 8, 8:07 AM ET
The Guggenheim EW Euro-Pacific LDRs ETF (EEN) - formerly the Claymore/BNY Mellon EW Euro-Pac LDRs ETF - appears to be trading at a discount to NAV. According to the last reported NAV value (EEN.NV), the NAV per share is showing $19.2099 as of the time this article is being published. The closing price on EEN from yesterday was $19.25, placing the ETF at a 3.7% discount to NAV.
The top holding of this ETF is Crucell N.V. (CRXL). On October 6, Johnson & Johnson (NYSE:JNJ) and Crucell N.V. announced an agreement whereby Johnson & Johnson would acquire all outstanding equity of Crucell that it does not already own for approximately euro 1.75 billion in a recommended cash tender offer.
The ETF also holds Elan Corp (NYSE:ELN), Melco Crown Entertainment (NASDAQ:MPEL), amongst other ADRs.
This Article's Word Cloud:ADRsAccordingCRXLClaymoreCorpCrownCrucellElanEntertainmentEuroJohnsonLDRsMPELMellonNASDAQNYSEOctoberagreementalreadyalsoannouncedappearsapproximatelybeingbillioncashclosingdiscountdoesequityeurofromholdingholdsofferotheroutstandingpricepublishedrecommendedreportedshowingthatthistimetradingvaluewherebywouldyesterday
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