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

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

iShares MSCI Eurozone ETF Price Performance

The stock’s fifty day simple moving average is $48.69 and its two-hundred day simple moving average is $49.32. The company has a market capitalization of $7.80 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 bought and sold shares of the company. Wealthfront Advisers LLC acquired a new position in iShares MSCI Eurozone ETF during the fourth quarter worth about $2,801,920,000. Allspring Global Investments Holdings LLC boosted its holdings in shares of iShares MSCI Eurozone ETF by 19.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,690,306 shares of the company’s stock worth $88,285,000 after buying an additional 273,461 shares during the period. Citigroup Inc. increased its position in shares of iShares MSCI Eurozone ETF by 1,005.0% in 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 in the last quarter. Acima Private Wealth LLC lifted its position in shares of iShares MSCI Eurozone ETF by 15.2% in the 4th quarter. Acima Private Wealth LLC now owns 177,757 shares of the company’s stock valued at $8,390,000 after acquiring an additional 23,418 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its stake in iShares MSCI Eurozone ETF by 12.4% in the 3rd quarter. Sanctuary Advisors LLC now owns 142,032 shares of the company’s stock worth $7,418,000 after purchasing an additional 15,614 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).