iShares MSCI Eurozone ETF (BATS:EZU) Hits New 12-Month High at $48.01

iShares MSCI Eurozone ETF (BATS:EZU) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $48.01 and last traded at $47.85, with a volume of 1054007 shares changing hands. The stock had previously closed at $47.99.

iShares MSCI Eurozone ETF Price Performance

The firm’s 50 day moving average price is $49.36 and its 200-day moving average price is $49.76. The firm has a market cap of $7.45 billion, a price-to-earnings ratio of 15.73 and a beta of 0.94.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. The Manufacturers Life Insurance Company boosted its holdings in 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 purchasing an additional 1,500,630 shares in the last quarter. Jane Street Group LLC grew its position in iShares MSCI Eurozone ETF by 3,439.7% in the first quarter. Jane Street Group LLC now owns 814,123 shares of the company’s stock valued at $41,569,000 after acquiring an additional 791,123 shares during the period. Barings LLC raised its stake in iShares MSCI Eurozone ETF by 46.1% during the second quarter. Barings LLC now owns 334,170 shares of the company’s stock worth $16,318,000 after acquiring an additional 105,419 shares in the last quarter. Bank of Montreal Can raised its stake in iShares MSCI Eurozone ETF by 32.6% during the second quarter. Bank of Montreal Can now owns 325,946 shares of the company’s stock worth $16,949,000 after acquiring an additional 80,062 shares in the last quarter. Finally, Polianta Ltd acquired a new stake in shares of iShares MSCI Eurozone ETF in the 2nd quarter valued at $13,548,000.

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).