iShares MSCI Eurozone ETF (BATS:EZU) Sets New 12-Month High – Should You Buy?

iShares MSCI Eurozone ETF (BATS:EZU)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $68.40 and last traded at $68.4850, with a volume of 973272 shares trading hands. The stock had previously closed at $67.35.

iShares MSCI Eurozone ETF Trading Up 1.5%

The firm has a market cap of $9.34 billion, a PE ratio of 16.35 and a beta of 1.01. The business has a fifty day moving average price of $65.20 and a 200 day moving average price of $62.57.

Institutional Investors Weigh In On iShares MSCI Eurozone ETF

Several hedge funds and other institutional investors have recently bought and sold shares of EZU. CWM LLC grew its stake in iShares MSCI Eurozone ETF by 49.1% in the 2nd quarter. CWM LLC now owns 516 shares of the company’s stock valued at $31,000 after acquiring an additional 170 shares during the last quarter. EFG Asset Management Americas Corp. increased its stake in shares of iShares MSCI Eurozone ETF by 2.1% during the 2nd quarter. EFG Asset Management Americas Corp. now owns 10,178 shares of the company’s stock valued at $605,000 after acquiring an additional 212 shares during the last quarter. Regatta Capital Group LLC raised its stake in iShares MSCI Eurozone ETF by 6.0% during the fourth quarter. Regatta Capital Group LLC now owns 3,982 shares of the company’s stock worth $255,000 after purchasing an additional 225 shares during the period. Focus Partners Wealth boosted its holdings in iShares MSCI Eurozone ETF by 4.3% in the first quarter. Focus Partners Wealth now owns 5,774 shares of the company’s stock valued at $307,000 after acquiring an additional 240 shares during the last quarter. Finally, Apollon Wealth Management LLC lifted its stake in shares of iShares MSCI Eurozone ETF by 5.4% in the 4th quarter. Apollon Wealth Management LLC now owns 4,732 shares of the company’s stock valued at $303,000 after purchasing an additional 242 shares in the last quarter.

About iShares MSCI Eurozone ETF

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). The Index seeks to measure the performance of the equity markets of the EMU member countries: those members of the European Union who have adopted the Euro as its currency.