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

iShares MSCI Eurozone ETF (BATS:EZU) hit a new 52-week high during trading on Monday . The company traded as high as $50.91 and last traded at $50.27, with a volume of 952156 shares trading hands. The stock had previously closed at $50.88.

iShares MSCI Eurozone ETF Trading Down 1.2 %

The stock has a market capitalization of $7.68 billion, a price-to-earnings ratio of 15.73 and a beta of 0.94. The stock’s 50 day moving average is $50.69 and its 200 day moving average is $50.32.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Sound Income Strategies LLC acquired a new position in shares of iShares MSCI Eurozone ETF in the third quarter valued at $42,000. Financial Management Professionals Inc. acquired a new position in shares of iShares MSCI Eurozone ETF in the first quarter valued at $52,000. Blue Trust Inc. grew its position 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 valued at $51,000 after acquiring an additional 384 shares during the period. Global Wealth Strategies & Associates raised its stake in iShares MSCI Eurozone ETF by 628.0% during the third quarter. Global Wealth Strategies & Associates now owns 1,092 shares of the company’s stock worth $57,000 after acquiring an additional 942 shares in the last quarter. Finally, Innealta Capital LLC acquired a new position in iShares MSCI Eurozone ETF during the second quarter worth $60,000.

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).