iShares MSCI Eurozone ETF (BATS:EZU) Reaches New 12-Month High – Time to Buy?

iShares MSCI Eurozone ETF (BATS:EZU) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $68.58 and last traded at $68.3740, with a volume of 233512 shares. The stock had previously closed at $67.81.

iShares MSCI Eurozone ETF Trading Up 0.9%

The company has a market capitalization of $9.34 billion, a PE ratio of 16.35 and a beta of 1.01. The stock has a fifty day moving average of $65.90 and a two-hundred day moving average of $63.02.

Institutional Investors Weigh In On iShares MSCI Eurozone ETF

Institutional investors have recently made changes to their positions in the business. Royal Bank of Canada raised its holdings in shares of iShares MSCI Eurozone ETF by 148.7% during the fourth quarter. Royal Bank of Canada now owns 5,545,969 shares of the company’s stock valued at $355,497,000 after acquiring an additional 3,316,079 shares in the last quarter. Corient Private Wealth LLC raised its holdings in iShares MSCI Eurozone ETF by 1,789.2% in the second quarter. Corient Private Wealth LLC now owns 2,595,735 shares of the company’s stock worth $154,329,000 after buying an additional 2,458,334 shares during the last quarter. Bank of America Corp DE lifted its position in iShares MSCI Eurozone ETF by 24.7% in the 2nd 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 in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings 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 purchasing an additional 593,564 shares in the last quarter. Finally, Flow Traders U.S. LLC boosted its holdings in shares of iShares MSCI Eurozone ETF by 3,931.2% during the 2nd quarter. Flow Traders U.S. LLC now owns 596,019 shares of the company’s stock valued at $35,433,000 after acquiring an additional 581,234 shares during the last quarter.

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.