Syon Capital LLC Reduces Position in iShares MSCI Eurozone ETF (BATS:EZU)

Syon Capital LLC lessened its position in shares of iShares MSCI Eurozone ETF (BATS:EZU) by 24.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 242,362 shares of the company’s stock after selling 76,974 shares during the quarter. iShares MSCI Eurozone ETF comprises 1.0% of Syon Capital LLC’s investment portfolio, making the stock its 19th biggest holding. Syon Capital LLC owned about 0.14% of iShares MSCI Eurozone ETF worth $11,498,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in EZU. The Manufacturers Life Insurance Company grew its stake in iShares MSCI Eurozone ETF by 1,302.9% during the 4th quarter. The Manufacturers Life Insurance Company now owns 1,615,802 shares of the company’s stock worth $76,654,000 after buying an additional 1,500,630 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of iShares MSCI Eurozone ETF by 329.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 644,760 shares of the company’s stock valued at $30,587,000 after purchasing an additional 494,470 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of iShares MSCI Eurozone ETF by 26.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,658,049 shares of the company’s stock valued at $78,658,000 after purchasing an additional 343,785 shares during the last quarter. Cerity Partners LLC purchased a new position in shares of iShares MSCI Eurozone ETF in the 4th quarter valued at approximately $14,544,000. Finally, LPL Financial LLC grew its stake in shares of iShares MSCI Eurozone ETF by 5.4% in the 3rd quarter. LPL Financial LLC now owns 1,685,686 shares of the company’s stock valued at $71,203,000 after purchasing an additional 86,608 shares during the last quarter.

iShares MSCI Eurozone ETF Price Performance

Shares of EZU stock traded down $1.17 during midday trading on Friday, hitting $48.39. The company had a trading volume of 7,168,357 shares. The company’s 50 day simple moving average is $50.82 and its 200 day simple moving average is $49.01. iShares MSCI Eurozone ETF has a 52-week low of $36.77 and a 52-week high of $47.13. The stock has a market cap of $7.39 billion, a price-to-earnings ratio of 15.73 and a beta of 0.94.

iShares MSCI Eurozone ETF Company Profile

iShares MSCI EMU ETF, formerly iShares MSCI EMU Index Fund (the Fund), is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the European Monetary Union (EMU) markets, as measured by the MSCI EMU Index (the Index).