iShares MSCI Eurozone ETF (BATS:EZU) Sets New 12-Month High – What’s Next?

iShares MSCI Eurozone ETF (BATS:EZU)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $48.42 and last traded at $50.64, with a volume of 907463 shares traded. The stock had previously closed at $47.70.

iShares MSCI Eurozone ETF Stock Performance

The company has a market capitalization of $7.74 billion, a PE ratio of 15.73 and a beta of 0.94. The company’s 50-day simple moving average is $48.03 and its 200-day simple moving average is $49.27.

Institutional Trading of iShares MSCI Eurozone ETF

Several hedge funds and other institutional investors have recently made changes to their positions in EZU. Squarepoint Ops LLC purchased a new stake in shares of iShares MSCI Eurozone ETF in the second quarter valued at about $3,158,000. Toronto Dominion Bank boosted its holdings in shares of iShares MSCI Eurozone ETF by 240.0% in the second quarter. Toronto Dominion Bank now owns 17,000 shares of the company’s stock valued at $830,000 after acquiring an additional 12,000 shares in the last quarter. Creative Planning boosted its holdings in shares of iShares MSCI Eurozone ETF by 117.9% in the second quarter. Creative Planning now owns 14,827 shares of the company’s stock valued at $724,000 after acquiring an additional 8,022 shares in the last quarter. Sunbelt Securities Inc. purchased a new stake in shares of iShares MSCI Eurozone ETF in the second quarter valued at about $253,000. Finally, Cetera Investment Advisers boosted its holdings in shares of iShares MSCI Eurozone ETF by 22.0% in the second quarter. Cetera Investment Advisers now owns 44,752 shares of the company’s stock valued at $2,185,000 after acquiring an additional 8,066 shares in 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).