iShares MSCI Eurozone ETF (BATS:EZU) Hits New 1-Year High at $48.87

iShares MSCI Eurozone ETF (BATS:EZU)’s stock price hit a new 52-week high on Monday . The stock traded as high as $48.87 and last traded at $49.34, with a volume of 3476838 shares. The stock had previously closed at $48.83.

iShares MSCI Eurozone ETF Trading Up 1.1 %

The company’s 50 day moving average price is $50.76 and its two-hundred day moving average price is $49.23. The stock has a market cap of $7.54 billion, a P/E ratio of 15.73 and a beta of 0.94.

Institutional Investors Weigh In On iShares MSCI Eurozone ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC raised its position in shares of iShares MSCI Eurozone ETF by 26.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,658,049 shares of the company’s stock valued at $78,658,000 after buying an additional 343,785 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of iShares MSCI Eurozone ETF by 1,302.9% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,615,802 shares of the company’s stock valued at $76,654,000 after buying an additional 1,500,630 shares during the last quarter. Jane Street Group LLC raised its position in shares of iShares MSCI Eurozone ETF by 3,439.7% during the first quarter. Jane Street Group LLC now owns 814,123 shares of the company’s stock valued at $41,569,000 after buying an additional 791,123 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of iShares MSCI Eurozone ETF by 329.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 644,760 shares of the company’s stock valued at $30,587,000 after buying an additional 494,470 shares during the last quarter. Finally, Vontobel Holding Ltd. raised its position in shares of iShares MSCI Eurozone ETF by 2.8% during the fourth quarter. Vontobel Holding Ltd. now owns 636,184 shares of the company’s stock valued at $30,181,000 after buying an additional 17,094 shares during the last quarter.

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).