iShares MSCI Eurozone ETF (BATS:EZU) Sets New 12-Month High – Here’s What Happened

iShares MSCI Eurozone ETF (BATS:EZU) reached a new 52-week high during trading on Monday . The company traded as high as $48.42 and last traded at $51.03, with a volume of 907463 shares trading hands. The stock had previously closed at $47.70.

iShares MSCI Eurozone ETF Stock Up 7.0 %

The stock has a market capitalization of $7.80 billion, a PE ratio of 15.73 and a beta of 0.94. The business’s fifty day moving average is $48.69 and its 200-day moving average is $49.32.

Institutional Investors Weigh In On iShares MSCI Eurozone ETF

Several institutional investors have recently bought and sold shares of EZU. Wealthfront Advisers LLC acquired a new stake in iShares MSCI Eurozone ETF during the 4th quarter valued at $2,801,920,000. Allspring Global Investments Holdings LLC grew its stake in shares of iShares MSCI Eurozone ETF by 19.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,690,306 shares of the company’s stock valued at $88,285,000 after acquiring an additional 273,461 shares in the last quarter. Citigroup Inc. increased its position in shares of iShares MSCI Eurozone ETF by 1,005.0% during the third quarter. Citigroup Inc. now owns 222,767 shares of the company’s stock worth $11,635,000 after acquiring an additional 202,607 shares during the last quarter. Acima Private Wealth LLC lifted its stake in shares of iShares MSCI Eurozone ETF by 15.2% in the fourth quarter. Acima Private Wealth LLC now owns 177,757 shares of the company’s stock worth $8,390,000 after acquiring an additional 23,418 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its holdings in iShares MSCI Eurozone ETF by 12.4% in the third quarter. Sanctuary Advisors LLC now owns 142,032 shares of the company’s stock valued at $7,418,000 after purchasing an additional 15,614 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).