iShares MSCI Eurozone ETF (BATS:EZU) Sets New 52-Week High – Time to Buy?

iShares MSCI Eurozone ETF (BATS:EZU)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $48.76 and last traded at $48.53, with a volume of 1999530 shares traded. The stock had previously closed at $48.54.

iShares MSCI Eurozone ETF Trading Down 0.6 %

The business’s fifty day moving average price is $50.38 and its 200 day moving average price is $50.28. The company has a market capitalization of $7.21 billion, a P/E ratio of 15.73 and a beta of 0.94.

Institutional Investors Weigh In On iShares MSCI Eurozone ETF

A number of hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased 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 worth $1,864,752,000 after purchasing an additional 1,675,952 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of iShares MSCI Eurozone ETF by 19.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,690,306 shares of the company’s stock worth $88,285,000 after purchasing an additional 273,461 shares in the last quarter. Jane Street Group LLC increased its position in iShares MSCI Eurozone ETF by 3,439.7% in the 1st quarter. Jane Street Group LLC now owns 814,123 shares of the company’s stock valued at $41,569,000 after acquiring an additional 791,123 shares in the last quarter. Barings LLC increased its position in iShares MSCI Eurozone ETF by 46.1% in the 2nd quarter. Barings LLC now owns 334,170 shares of the company’s stock valued at $16,318,000 after acquiring an additional 105,419 shares in the last quarter. Finally, Bank of Montreal Can increased its position in iShares MSCI Eurozone ETF by 32.6% in the 2nd quarter. Bank of Montreal Can now owns 325,946 shares of the company’s stock valued at $16,949,000 after acquiring an additional 80,062 shares in the last quarter.

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).