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

iShares MSCI Eurozone ETF (BATS:EZU) shares hit a new 52-week high during trading on Monday . The stock traded as high as $47.65 and last traded at $47.37, with a volume of 1665932 shares traded. The stock had previously closed at $47.04.

iShares MSCI Eurozone ETF Price Performance

The business’s 50-day moving average is $49.74 and its two-hundred day moving average is $50.04. The firm has a market cap of $7.23 billion, a P/E ratio of 15.73 and a beta of 0.94.

Institutional Trading of iShares MSCI Eurozone ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Axiom Advisory LLC increased its holdings in iShares MSCI Eurozone ETF by 1.6% during the third quarter. Axiom Advisory LLC now owns 14,976 shares of the company’s stock worth $748,000 after buying an additional 234 shares during the last quarter. US Bancorp DE increased its stake in shares of iShares MSCI Eurozone ETF by 9.3% during the 3rd quarter. US Bancorp DE now owns 3,278 shares of the company’s stock worth $171,000 after purchasing an additional 280 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in iShares MSCI Eurozone ETF by 1.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 21,380 shares of the company’s stock valued at $1,044,000 after purchasing an additional 283 shares during the last quarter. Fifth Third Bancorp lifted its stake in iShares MSCI Eurozone ETF by 11.9% in the 2nd quarter. Fifth Third Bancorp now owns 2,756 shares of the company’s stock valued at $135,000 after purchasing an additional 293 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA grew its holdings in iShares MSCI Eurozone ETF by 0.7% during the third quarter. Compagnie Lombard Odier SCmA now owns 43,770 shares of the company’s stock worth $2,286,000 after purchasing an additional 302 shares during the period.

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).