MV Capital Management Inc. Invests $4.13 Million in iShares MSCI Eurozone ETF $EZU

MV Capital Management Inc. bought a new position in shares of iShares MSCI Eurozone ETF (BATS:EZU) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 64,445 shares of the company’s stock, valued at approximately $4,131,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EZU. Tucker Asset Management LLC acquired a new position in iShares MSCI Eurozone ETF during the fourth quarter valued at $27,000. Financial Network Wealth Advisors LLC grew its position in iShares MSCI Eurozone ETF by 177.8% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 439 shares of the company’s stock worth $28,000 after purchasing an additional 281 shares during the period. Rothschild Investment LLC acquired a new stake in iShares MSCI Eurozone ETF during the 4th quarter worth about $32,000. Miller Capital Partners Inc. purchased a new position in shares of iShares MSCI Eurozone ETF during the 4th quarter valued at about $33,000. Finally, Simplex Trading LLC purchased a new position in shares of iShares MSCI Eurozone ETF during the 4th quarter valued at about $35,000.

iShares MSCI Eurozone ETF Stock Up 0.5%

Shares of EZU stock opened at $69.31 on Friday. iShares MSCI Eurozone ETF has a 52-week low of $56.70 and a 52-week high of $70.31. The stock has a market cap of $9.46 billion, a PE ratio of 16.35 and a beta of 1.01. The business has a 50-day simple moving average of $67.69 and a 200-day simple moving average of $65.93.

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.