iShares MSCI Eurozone ETF (BATS:EZU) Reaches New 52-Week High – Here’s What Happened

Shares of iShares MSCI Eurozone ETF (BATS:EZU) hit a new 52-week high during trading on Monday . The company traded as high as $70.31 and last traded at $69.56, with a volume of 201315 shares trading hands. The stock had previously closed at $69.93.

iShares MSCI Eurozone ETF Stock Down 0.7%

The stock has a 50 day moving average price of $67.22 and a 200 day moving average price of $65.73. The stock has a market capitalization of $9.48 billion, a price-to-earnings ratio of 16.35 and a beta of 1.01.

Institutional Trading of iShares MSCI Eurozone ETF

A number of hedge funds have recently made changes to their positions in EZU. Allianz SE grew its holdings in iShares MSCI Eurozone ETF by 1.7% during the third quarter. Allianz SE now owns 956,487 shares of the company’s stock worth $59,245,000 after buying an additional 16,161 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in iShares MSCI Eurozone ETF by 27.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,719,562 shares of the company’s stock valued at $174,324,000 after purchasing an additional 593,564 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in iShares MSCI Eurozone ETF by 19.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 104,598 shares of the company’s stock valued at $6,479,000 after purchasing an additional 16,684 shares in the last quarter. Ascent Group LLC bought a new stake in iShares MSCI Eurozone ETF during the 4th quarter valued at about $5,772,000. Finally, Park Avenue Securities LLC bought a new stake in iShares MSCI Eurozone ETF during the 4th quarter valued at about $4,133,000.

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). 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.