iShares MSCI Eurozone ETF (BATS:EZU) Hits New 1-Year High – Here’s What Happened

Shares of iShares MSCI Eurozone ETF (BATS:EZU) hit a new 52-week high on Monday . The stock traded as high as $50.91 and last traded at $50.27, with a volume of 952156 shares trading hands. The stock had previously closed at $50.88.

iShares MSCI Eurozone ETF Stock Down 0.7 %

The stock has a fifty day moving average price of $50.78 and a 200-day moving average price of $50.31. The firm has a market cap of $7.59 billion, a price-to-earnings ratio of 15.73 and a beta of 0.94.

Hedge Funds Weigh In On iShares MSCI Eurozone ETF

Several institutional investors have recently bought and sold shares of the company. Legacy Capital Group California Inc. boosted its holdings in iShares MSCI Eurozone ETF by 2.3% in the 3rd quarter. Legacy Capital Group California Inc. now owns 16,385 shares of the company’s stock valued at $856,000 after purchasing an additional 361 shares in the last quarter. Eastern Bank acquired a new stake in shares of iShares MSCI Eurozone ETF in the 3rd quarter valued at approximately $109,000. Allspring Global Investments Holdings LLC boosted its stake in shares of iShares MSCI Eurozone ETF by 19.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,690,306 shares of the company’s stock valued at $88,285,000 after buying an additional 273,461 shares in the last quarter. Blue Trust Inc. grew its holdings in iShares MSCI Eurozone ETF by 59.0% during the third quarter. Blue Trust Inc. now owns 1,035 shares of the company’s stock worth $51,000 after acquiring an additional 384 shares during the period. Finally, Nottingham Advisors Inc. raised its position in iShares MSCI Eurozone ETF by 12.6% in the third quarter. Nottingham Advisors Inc. now owns 105,997 shares of the company’s stock worth $5,536,000 after acquiring an additional 11,848 shares in the last quarter.

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).