iShares MSCI Eurozone ETF (BATS:EZU) Sets New 1-Year High – Here’s Why

Shares of iShares MSCI Eurozone ETF (BATS:EZU) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $48.42 and last traded at $53.91, with a volume of 907463 shares traded. The stock had previously closed at $47.70.

iShares MSCI Eurozone ETF Stock Up 16.3 %

The company has a market cap of $8.34 billion, a P/E ratio of 16.52 and a beta of 1.06. The company has a 50 day moving average price of $50.21 and a 200-day moving average price of $49.83.

Institutional Trading of iShares MSCI Eurozone ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Tucker Asset Management LLC acquired a new stake in iShares MSCI Eurozone ETF in the fourth quarter worth approximately $25,000. Huntington National Bank boosted its stake in iShares MSCI Eurozone ETF by 128.9% during the fourth quarter. Huntington National Bank now owns 531 shares of the company’s stock valued at $25,000 after buying an additional 299 shares in the last quarter. Aptus Capital Advisors LLC bought a new position in iShares MSCI Eurozone ETF during the fourth quarter valued at about $41,000. Blue Trust Inc. raised its position in iShares MSCI Eurozone ETF by 32.6% in the fourth quarter. Blue Trust Inc. now owns 1,372 shares of the company’s stock worth $65,000 after acquiring an additional 337 shares in the last quarter. Finally, Bangor Savings Bank acquired a new stake in iShares MSCI Eurozone ETF in the 4th quarter valued at about $74,000.

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).