Wallington Asset Management LLC Cuts Stock Holdings in iShares MSCI Eurozone ETF $EZU

Wallington Asset Management LLC lowered its stake in iShares MSCI Eurozone ETF (BATS:EZU) by 3.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 230,377 shares of the company’s stock after selling 8,313 shares during the period. iShares MSCI Eurozone ETF makes up approximately 1.9% of Wallington Asset Management LLC’s holdings, making the stock its 25th largest holding. Wallington Asset Management LLC owned about 0.17% of iShares MSCI Eurozone ETF worth $14,431,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of EZU. Royal Bank of Canada boosted its position in iShares MSCI Eurozone ETF by 148.7% during the 4th quarter. Royal Bank of Canada now owns 5,545,969 shares of the company’s stock valued at $355,497,000 after buying an additional 3,316,079 shares during the period. Bank of America Corp DE increased its position in shares of iShares MSCI Eurozone ETF by 24.7% in the second quarter. Bank of America Corp DE now owns 8,470,572 shares of the company’s stock valued at $503,576,000 after acquiring an additional 1,680,517 shares during the period. Allspring Global Investments Holdings LLC raised its stake in shares of iShares MSCI Eurozone ETF by 27.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,719,562 shares of the company’s stock valued at $174,324,000 after acquiring an additional 593,564 shares during the last quarter. Fisher Asset Management LLC grew its stake in shares of iShares MSCI Eurozone ETF by 11.9% in the fourth quarter. Fisher Asset Management LLC now owns 3,335,268 shares of the company’s stock worth $213,791,000 after purchasing an additional 355,802 shares during the last quarter. Finally, Polianta Ltd bought a new stake in shares of iShares MSCI Eurozone ETF in the first quarter worth about $14,701,000.

iShares MSCI Eurozone ETF Stock Performance

Shares of EZU stock opened at $67.74 on Monday. iShares MSCI Eurozone ETF has a fifty-two week low of $57.10 and a fifty-two week high of $70.31. The firm has a market cap of $9.25 billion, a P/E ratio of 16.35 and a beta of 1.01. The business’s 50 day moving average price is $67.87 and its 200-day moving average price is $66.15.

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). 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.