iShares MSCI Eurozone ETF (BATS:EZU) Hits New 52-Week High – Should You Buy?

iShares MSCI Eurozone ETF (BATS:EZU)’s share price reached a new 52-week high on Monday . The company traded as high as $49.07 and last traded at $48.70, with a volume of 668297 shares. The stock had previously closed at $48.87.

iShares MSCI Eurozone ETF Trading Down 0.4 %

The firm’s 50-day moving average price is $48.86 and its 200-day moving average price is $49.66. The stock has a market capitalization of $7.36 billion, a PE ratio of 15.73 and a beta of 0.94.

Institutional Trading of iShares MSCI Eurozone ETF

A number of institutional investors have recently bought and sold shares of the stock. Axiom Advisory LLC lifted its stake in 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 purchasing an additional 234 shares during the last quarter. US Bancorp DE lifted its stake in shares of iShares MSCI Eurozone ETF by 9.3% during the 3rd quarter. US Bancorp DE now owns 3,278 shares of the company’s stock worth $171,000 after acquiring an additional 280 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in iShares MSCI Eurozone ETF by 1.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 21,380 shares of the company’s stock valued at $1,044,000 after acquiring an additional 283 shares during the period. Fifth Third Bancorp grew its position in iShares MSCI Eurozone ETF by 11.9% in the 2nd quarter. Fifth Third Bancorp now owns 2,756 shares of the company’s stock valued at $135,000 after acquiring an additional 293 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA increased its stake in 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 purchasing an additional 302 shares during the period.

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).