Barings LLC Cuts Stake in iShares MSCI Eurozone ETF $EZU

Barings LLC cut its holdings in iShares MSCI Eurozone ETF (BATS:EZU) by 43.9% during the third quarter, Holdings Channel reports. The firm owned 99,439 shares of the company’s stock after selling 77,731 shares during the quarter. Barings LLC’s holdings in iShares MSCI Eurozone ETF were worth $6,159,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in EZU. Bank of America Corp DE raised its position in shares of iShares MSCI Eurozone ETF by 24.7% during the second quarter. Bank of America Corp DE now owns 8,470,572 shares of the company’s stock valued at $503,576,000 after buying an additional 1,680,517 shares during the last quarter. Corient Private Wealth LLC increased its holdings in iShares MSCI Eurozone ETF by 1,789.2% in the 2nd quarter. Corient Private Wealth LLC now owns 2,595,735 shares of the company’s stock valued at $154,329,000 after acquiring an additional 2,458,334 shares during the last quarter. Allianz SE lifted its stake in iShares MSCI Eurozone ETF by 0.3% in the 2nd quarter. Allianz SE now owns 940,326 shares of the company’s stock worth $55,902,000 after purchasing an additional 3,276 shares in the last quarter. Matauro LLC lifted its stake in iShares MSCI Eurozone ETF by 7.0% in the 3rd quarter. Matauro LLC now owns 848,734 shares of the company’s stock worth $52,571,000 after purchasing an additional 55,196 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of iShares MSCI Eurozone ETF by 12.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 730,396 shares of the company’s stock valued at $43,423,000 after purchasing an additional 82,629 shares during the last quarter.

iShares MSCI Eurozone ETF Stock Up 1.3%

Shares of iShares MSCI Eurozone ETF stock opened at $68.68 on Friday. iShares MSCI Eurozone ETF has a twelve month low of $47.11 and a twelve month high of $68.77. The business has a 50-day moving average price of $65.99 and a 200-day moving average price of $63.09. The firm has a market cap of $9.37 billion, a price-to-earnings ratio of 16.35 and a beta of 1.01.

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). The Index seeks to measure the performance of the equity markets of the EMU member countries: those members of the European Union who have adopted the Euro as its currency.