iShares MSCI Eurozone ETF (BATS:EZU) Hits New 12-Month High at $50.67

iShares MSCI Eurozone ETF (BATS:EZU) shares reached a new 52-week high on Monday . The company traded as high as $50.67 and last traded at $50.82, with a volume of 545544 shares. The stock had previously closed at $50.52.

iShares MSCI Eurozone ETF Price Performance

The stock’s 50 day moving average is $49.73 and its two-hundred day moving average is $50.21. The firm has a market capitalization of $7.73 billion, a P/E ratio of 15.73 and a beta of 0.94.

Institutional Investors Weigh In On iShares MSCI Eurozone ETF

Institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares MSCI Eurozone ETF by 4.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 38,191,412 shares of the company’s stock valued at $1,864,752,000 after acquiring an additional 1,675,952 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in iShares MSCI Eurozone ETF by 1,302.9% during the 4th quarter. The Manufacturers Life Insurance Company now owns 1,615,802 shares of the company’s stock worth $76,654,000 after buying an additional 1,500,630 shares during the period. Jane Street Group LLC raised its position in shares of iShares MSCI Eurozone ETF by 3,439.7% during the first quarter. Jane Street Group LLC now owns 814,123 shares of the company’s stock worth $41,569,000 after purchasing an additional 791,123 shares during the period. Barings LLC raised its holdings in iShares MSCI Eurozone ETF by 46.1% during the 2nd quarter. Barings LLC now owns 334,170 shares of the company’s stock worth $16,318,000 after buying an additional 105,419 shares during the period. Finally, Bank of Montreal Can raised its holdings in shares of iShares MSCI Eurozone ETF by 32.6% during the second 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 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).