iShares MSCI Eurozone ETF (BATS:EZU) Hits New 12-Month High at $49.51

Shares of iShares MSCI Eurozone ETF (BATS:EZU) hit a new 52-week high during trading on Monday . The company traded as high as $49.51 and last traded at $48.94, with a volume of 4669545 shares traded. The stock had previously closed at $48.99.

iShares MSCI Eurozone ETF Trading Down 0.3 %

The stock has a market capitalization of $8.47 billion, a P/E ratio of 11.52 and a beta of 1.03. The company has a fifty day simple moving average of $49.56 and a two-hundred day simple moving average of $46.51.

Hedge Funds Weigh In On iShares MSCI Eurozone ETF

A number of hedge funds have recently added to or reduced their stakes in EZU. Raymond James & Associates raised its stake in iShares MSCI Eurozone ETF by 4.3% in the first quarter. Raymond James & Associates now owns 29,960 shares of the company’s stock valued at $1,296,000 after purchasing an additional 1,240 shares in the last quarter. Citigroup Inc. increased its holdings in iShares MSCI Eurozone ETF by 152.8% in the 1st quarter. Citigroup Inc. now owns 25,345 shares of the company’s stock valued at $1,097,000 after buying an additional 15,318 shares during the period. Sei Investments Co. raised its position in shares of iShares MSCI Eurozone ETF by 41.7% in the 1st quarter. Sei Investments Co. now owns 8,604 shares of the company’s stock valued at $372,000 after buying an additional 2,531 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of iShares MSCI Eurozone ETF by 123.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,702,661 shares of the company’s stock worth $116,944,000 after acquiring an additional 1,492,944 shares during the period. Finally, Interchange Capital Partners LLC boosted its position in shares of iShares MSCI Eurozone ETF by 71.2% during the 1st quarter. Interchange Capital Partners LLC now owns 15,310 shares of the company’s stock worth $662,000 after acquiring an additional 6,365 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).