iShares MSCI Eurozone ETF (BATS:EZU) Sets New 1-Year High at $51.11

iShares MSCI Eurozone ETF (BATS:EZU) reached a new 52-week high on Tuesday . The stock traded as high as $51.11 and last traded at $50.42, with a volume of 1405824 shares changing hands. The stock had previously closed at $51.37.

iShares MSCI Eurozone ETF Price Performance

The stock has a market capitalization of $7.68 billion, a price-to-earnings ratio of 15.73 and a beta of 0.94. The stock has a 50 day moving average price of $49.62 and a 200-day moving average price of $50.11.

Hedge Funds Weigh In On iShares MSCI Eurozone ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares MSCI Eurozone ETF by 4.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 38,191,412 shares of the company’s stock worth $1,864,752,000 after acquiring an additional 1,675,952 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in iShares MSCI Eurozone ETF by 1,302.9% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,615,802 shares of the company’s stock worth $76,654,000 after purchasing an additional 1,500,630 shares during the period. Jane Street Group LLC boosted its holdings in iShares MSCI Eurozone ETF by 3,439.7% in the 1st quarter. Jane Street Group LLC now owns 814,123 shares of the company’s stock valued at $41,569,000 after purchasing an additional 791,123 shares during the last quarter. Polianta Ltd purchased a new stake in shares of iShares MSCI Eurozone ETF in the 2nd quarter valued at approximately $13,548,000. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of iShares MSCI Eurozone ETF during the 1st quarter worth approximately $10,095,000.

About iShares MSCI Eurozone ETF

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).