Stone Point Wealth LLC Reduces Stock Position in iShares MSCI Eurozone ETF (BATS:EZU)

Stone Point Wealth LLC cut its stake in iShares MSCI Eurozone ETF (BATS:EZU) by 83.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,951 shares of the company’s stock after selling 30,398 shares during the period. Stone Point Wealth LLC’s holdings in iShares MSCI Eurozone ETF were worth $304,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC grew its position in shares of iShares MSCI Eurozone ETF by 26.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,658,049 shares of the company’s stock valued at $78,658,000 after purchasing an additional 343,785 shares during the last quarter. Orion Capital Management LLC acquired a new stake in shares of iShares MSCI Eurozone ETF in the fourth quarter valued at approximately $77,000. Concourse Financial Group Securities Inc. grew its position in shares of iShares MSCI Eurozone ETF by 95.5% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 2,270 shares of the company’s stock valued at $108,000 after purchasing an additional 1,109 shares during the last quarter. G&S Capital LLC grew its position in shares of iShares MSCI Eurozone ETF by 3.6% in the fourth quarter. G&S Capital LLC now owns 73,069 shares of the company’s stock valued at $3,466,000 after purchasing an additional 2,541 shares during the last quarter. Finally, Desjardins Global Asset Management Inc. grew its position in shares of iShares MSCI Eurozone ETF by 2,601.7% in the fourth quarter. Desjardins Global Asset Management Inc. now owns 6,349 shares of the company’s stock valued at $301,000 after purchasing an additional 6,114 shares during the last quarter.

iShares MSCI Eurozone ETF Trading Up 0.8 %

Shares of EZU stock traded up $0.42 during trading hours on Friday, hitting $50.36. The company’s stock had a trading volume of 2,696,467 shares. The business has a fifty day moving average of $50.75 and a 200-day moving average of $49.30. The stock has a market cap of $7.70 billion, a price-to-earnings ratio of 15.73 and a beta of 0.94. iShares MSCI Eurozone ETF has a twelve month low of $36.77 and a twelve month high of $47.13.

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).