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Sector Update: Financial Financials

By: MT Newswires
Posted: 6/9/2014 8:38:00 AM
Referenced Stocks: EFC;JPM;WETF

Financial shares were generally higher in pre-market trade Monday with little economic data on tap.

In financial stocks news, Ellington Financial LLC ( EFC ) said its estimated book value per common share as of May 31, 2014 was $24.28, or $23.89 on a diluted basis.

Ellington previously announced a dividend in the amount of $0.77 per common share and convertible security, payable on June 16, 2014 to holders of record on May 30, 2014, with an ex-dividend date of May 28, 2014.

And JPMorgan's ( JPM ) says Rob Sivitilli, head of M&A in Asia, is leaving the company for personal reasons, Reuters reports. JPM was up 0.14% at $57.05.

Finally, WisdomTree Investments ( WETF ) shares were up more than 1% in pre-market trade as Morgan Stanley upgraded it to overweight.