iShares MSCI Eurozone ETF (BATS:EZU) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

iShares MSCI Eurozone ETF (BATS:EZU)’s share price passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $67.43 and traded as high as $67.60. iShares MSCI Eurozone ETF shares last traded at $67.54, with a volume of 1,170,701 shares trading hands.

iShares MSCI Eurozone ETF Trading Up 3.0%

The stock has a market cap of $9.22 billion, a P/E ratio of 16.35 and a beta of 1.01. The stock has a 50 day simple moving average of $67.55 and a 200 day simple moving average of $67.43.

Hedge Funds Weigh In On iShares MSCI Eurozone ETF

A number of hedge funds have recently modified their holdings of EZU. Csenge Advisory Group raised its stake in shares of iShares MSCI Eurozone ETF by 2.6% in the third quarter. Csenge Advisory Group now owns 54,505 shares of the company’s stock valued at $3,670,000 after buying an additional 1,373 shares during the period. Endowment Wealth Management Inc. lifted its stake in shares of iShares MSCI Eurozone ETF by 8.9% during the 3rd quarter. Endowment Wealth Management Inc. now owns 61,253 shares of the company’s stock valued at $4,124,000 after buying an additional 5,003 shares in the last quarter. StoneX Group Inc. purchased a new stake in shares of iShares MSCI Eurozone ETF during the third quarter worth $1,322,000. United Advisor Group LLC boosted its holdings in shares of iShares MSCI Eurozone ETF by 16.2% in the third quarter. United Advisor Group LLC now owns 5,664 shares of the company’s stock worth $381,000 after acquiring an additional 788 shares during the period. Finally, Ashton Thomas Private Wealth LLC purchased a new position in shares of iShares MSCI Eurozone ETF in the third quarter valued at $108,000.

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.