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EFC

Sector Update: Financials Higher Pre-Market

Top Financial Shares:

JPM: +0.14%

BAC: +0.32%

WFC: -0.15%

C: flat

USB: +0.26%

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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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