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

iShares MSCI Eurozone ETF (BATS:EZU)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $51.44 and last traded at $51.41, with a volume of 861637 shares traded. The stock had previously closed at $51.12.

iShares MSCI Eurozone ETF Stock Up 0.5 %

The business’s fifty day moving average is $50.36 and its 200 day moving average is $50.33. The firm has a market capitalization of $7.85 billion, a price-to-earnings ratio of 15.73 and a beta of 0.94.

Institutional Trading of iShares MSCI Eurozone ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares MSCI Eurozone ETF by 4.6% during 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 period. Jane Street Group LLC lifted its stake 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. Barings LLC lifted its stake in iShares MSCI Eurozone ETF by 46.1% in the 2nd quarter. Barings LLC now owns 334,170 shares of the company’s stock valued at $16,318,000 after purchasing an additional 105,419 shares during the last quarter. Bank of Montreal Can lifted its stake in iShares MSCI Eurozone ETF by 32.6% in the 2nd quarter. Bank of Montreal Can now owns 325,946 shares of the company’s stock valued at $16,949,000 after purchasing an additional 80,062 shares during the last quarter. Finally, Polianta Ltd bought a new position in iShares MSCI Eurozone ETF in the 2nd quarter valued at approximately $13,548,000.

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).