iShares MSCI Eurozone ETF (BATS:EZU) Sets New 1-Year High – Here’s What Happened

iShares MSCI Eurozone ETF (BATS:EZU)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $48.42 and last traded at $48.76, with a volume of 907463 shares changing hands. The stock had previously closed at $47.70.

iShares MSCI Eurozone ETF Price Performance

The firm has a fifty day simple moving average of $47.79 and a two-hundred day simple moving average of $49.28. The firm has a market capitalization of $7.44 billion, a P/E ratio of 15.73 and a beta of 0.94.

Institutional Investors Weigh In On iShares MSCI Eurozone ETF

Several large investors have recently added to or reduced their stakes in the company. Axiom Advisory LLC boosted its holdings in shares of iShares MSCI Eurozone ETF by 1.6% in the third quarter. Axiom Advisory LLC now owns 14,976 shares of the company’s stock worth $748,000 after acquiring an additional 234 shares during the period. US Bancorp DE increased its position in shares of iShares MSCI Eurozone ETF by 9.3% during the third quarter. US Bancorp DE now owns 3,278 shares of the company’s stock valued at $171,000 after buying an additional 280 shares during the period. Compagnie Lombard Odier SCmA lifted its holdings in shares of iShares MSCI Eurozone ETF by 0.7% in the third quarter. Compagnie Lombard Odier SCmA now owns 43,770 shares of the company’s stock worth $2,286,000 after buying an additional 302 shares in the last quarter. Contravisory Investment Management Inc. boosted its position in shares of iShares MSCI Eurozone ETF by 2.2% in the third quarter. Contravisory Investment Management Inc. now owns 16,552 shares of the company’s stock valued at $865,000 after acquiring an additional 361 shares during the period. Finally, Legacy Capital Group California Inc. grew its stake in iShares MSCI Eurozone ETF by 2.3% during the third quarter. Legacy Capital Group California Inc. now owns 16,385 shares of the company’s stock valued at $856,000 after acquiring an additional 361 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).