iShares MSCI Eurozone ETF (BATS:EZU) Reaches New 1-Year High at $49.91

iShares MSCI Eurozone ETF (BATS:EZU) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $49.91 and last traded at $49.78, with a volume of 3192613 shares changing hands. The stock had previously closed at $49.37.

iShares MSCI Eurozone ETF Stock Performance

The stock has a market cap of $7.63 billion, a price-to-earnings ratio of 15.73 and a beta of 0.94. The company’s 50 day simple moving average is $49.67 and its 200 day simple moving average is $50.16.

Hedge Funds Weigh In On iShares MSCI Eurozone ETF

Several large investors have recently bought and sold shares of EZU. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares MSCI Eurozone ETF by 4.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 38,191,412 shares of the company’s stock valued at $1,864,752,000 after purchasing an additional 1,675,952 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of iShares MSCI Eurozone ETF by 1,302.9% during the 4th 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 boosted its position in shares of iShares MSCI Eurozone ETF by 3,439.7% during the 1st quarter. Jane Street Group LLC now owns 814,123 shares of the company’s stock valued at $41,569,000 after purchasing an additional 791,123 shares in the last quarter. Barings LLC boosted its position in shares of iShares MSCI Eurozone ETF by 46.1% during the 2nd quarter. Barings LLC now owns 334,170 shares of the company’s stock valued at $16,318,000 after purchasing an additional 105,419 shares in the last quarter. Finally, Bank of Montreal Can boosted its position in shares of iShares MSCI Eurozone ETF by 32.6% during the 2nd quarter. Bank of Montreal Can now owns 325,946 shares of the company’s stock valued at $16,949,000 after purchasing an additional 80,062 shares in 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).