iShares MSCI Eurozone ETF (BATS:EZU) Sets New 52-Week High – What’s Next?

Shares of iShares MSCI Eurozone ETF (BATS:EZU) reached a new 52-week high during trading on Monday . The company traded as high as $49.42 and last traded at $49.14, with a volume of 1776997 shares. The stock had previously closed at $49.26.

iShares MSCI Eurozone ETF Stock Performance

The company has a market capitalization of $7.51 billion, a P/E ratio of 15.73 and a beta of 0.94. The firm’s fifty day moving average is $49.26 and its 200 day moving average is $49.83.

Institutional Investors Weigh In On iShares MSCI Eurozone ETF

Large investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares MSCI Eurozone ETF by 4.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 38,191,412 shares of the company’s stock valued at $1,864,752,000 after purchasing an additional 1,675,952 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in 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 valued at $88,285,000 after acquiring an additional 273,461 shares in the last quarter. Barings LLC increased its holdings in shares of 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 during the period. Bank of Montreal Can raised its position in shares of 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 worth $16,949,000 after acquiring an additional 80,062 shares in the last quarter. Finally, National Bank of Canada FI lifted its stake in shares of iShares MSCI Eurozone ETF by 106.1% during the 2nd quarter. National Bank of Canada FI now owns 258,847 shares of the company’s stock worth $12,766,000 after purchasing an additional 133,267 shares during the last quarter.

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).