iShares MSCI Eurozone ETF (BATS:EZU) Hits New 12-Month High at $47.28

iShares MSCI Eurozone ETF (BATS:EZU)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $47.28 and last traded at $46.97, with a volume of 2166643 shares trading hands. The stock had previously closed at $47.75.

iShares MSCI Eurozone ETF Trading Down 1.6 %

The stock has a 50 day simple moving average of $50.04 and a 200-day simple moving average of $49.71. The firm has a market capitalization of $7.18 billion, a P/E ratio of 15.73 and a beta of 0.94.

Institutional Trading of iShares MSCI Eurozone ETF

Hedge funds have recently modified their holdings of the company. Allspring Global Investments Holdings LLC raised its stake in iShares MSCI Eurozone ETF by 26.2% in 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. Orion Capital Management LLC acquired a new position in shares of iShares MSCI Eurozone ETF during the 4th quarter worth about $77,000. Concourse Financial Group Securities Inc. lifted its holdings in shares of iShares MSCI Eurozone ETF by 95.5% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 2,270 shares of the company’s stock valued at $108,000 after purchasing an additional 1,109 shares during the last quarter. G&S Capital LLC raised its stake in iShares MSCI Eurozone ETF by 3.6% during the 4th quarter. G&S Capital LLC now owns 73,069 shares of the company’s stock valued at $3,466,000 after acquiring an additional 2,541 shares during the last quarter. Finally, Desjardins Global Asset Management Inc. raised its stake in iShares MSCI Eurozone ETF by 2,601.7% during the 4th quarter. Desjardins Global Asset Management Inc. now owns 6,349 shares of the company’s stock valued at $301,000 after acquiring an additional 6,114 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).