iShares MSCI Eurozone ETF (BATS:EZU) Hits New 52-Week High – Here’s What Happened

iShares MSCI Eurozone ETF (BATS:EZU) shares hit a new 52-week high during trading on Monday . The company traded as high as $50.37 and last traded at $50.29, with a volume of 1624971 shares trading hands. The stock had previously closed at $49.81.

iShares MSCI Eurozone ETF Trading Down 0.8 %

The business has a 50 day simple moving average of $50.79 and a two-hundred day simple moving average of $50.31. The stock has a market cap of $7.57 billion, a price-to-earnings ratio of 15.73 and a beta of 0.94.

Institutional Trading of iShares MSCI Eurozone ETF

Hedge funds have recently made changes to their positions in the stock. Sound Income Strategies LLC bought a new position in iShares MSCI Eurozone ETF during the 3rd quarter valued at $42,000. Blue Trust Inc. grew its stake in iShares MSCI Eurozone ETF by 59.0% in the third quarter. Blue Trust Inc. now owns 1,035 shares of the company’s stock worth $51,000 after purchasing an additional 384 shares in the last quarter. Global Wealth Strategies & Associates grew its stake in iShares MSCI Eurozone ETF by 628.0% in the third quarter. Global Wealth Strategies & Associates now owns 1,092 shares of the company’s stock worth $57,000 after purchasing an additional 942 shares in the last quarter. Innealta Capital LLC bought a new stake in iShares MSCI Eurozone ETF in the second quarter valued at about $60,000. Finally, Eastern Bank acquired a new stake in iShares MSCI Eurozone ETF during the third quarter valued at approximately $109,000.

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).