iShares MSCI Eurozone ETF (BATS:EZU) Sets New 1-Year High – Here’s Why

Shares of iShares MSCI Eurozone ETF (BATS:EZU) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $47.87 and last traded at $47.90, with a volume of 1564989 shares. The stock had previously closed at $47.86.

iShares MSCI Eurozone ETF Trading Up 0.1 %

The stock has a market cap of $7.32 billion, a price-to-earnings ratio of 15.73 and a beta of 0.94. The company has a 50 day simple moving average of $49.59 and a 200-day simple moving average of $49.96.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in EZU. Sound Income Strategies LLC bought a new position in iShares MSCI Eurozone ETF during the 3rd quarter valued at approximately $42,000. Blue Trust Inc. increased its position in iShares MSCI Eurozone ETF by 59.0% during the 3rd quarter. Blue Trust Inc. now owns 1,035 shares of the company’s stock valued at $51,000 after buying an additional 384 shares in the last quarter. Global Wealth Strategies & Associates increased its position in iShares MSCI Eurozone ETF by 628.0% during the 3rd quarter. Global Wealth Strategies & Associates now owns 1,092 shares of the company’s stock valued at $57,000 after buying an additional 942 shares in the last quarter. Innealta Capital LLC bought a new position in iShares MSCI Eurozone ETF during the 2nd quarter valued at approximately $60,000. Finally, Eastern Bank bought a new position in iShares MSCI Eurozone ETF during the 3rd quarter valued at approximately $109,000.

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).