Madison Asset Management LLC Sells 27,424 Shares of iShares MSCI Eurozone ETF $EZU

Madison Asset Management LLC decreased its position in shares of iShares MSCI Eurozone ETF (BATS:EZU) by 10.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 237,385 shares of the company’s stock after selling 27,424 shares during the period. Madison Asset Management LLC owned approximately 0.17% of iShares MSCI Eurozone ETF worth $15,216,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Allianz SE raised its position in iShares MSCI Eurozone ETF by 1.7% during the third quarter. Allianz SE now owns 956,487 shares of the company’s stock valued at $59,245,000 after purchasing an additional 16,161 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in 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. PNC Financial Services Group Inc. grew its position in iShares MSCI Eurozone ETF by 19.0% during the third quarter. PNC Financial Services Group Inc. now owns 104,598 shares of the company’s stock valued at $6,479,000 after acquiring an additional 16,684 shares during the last quarter. Ascent Group LLC bought a new position in iShares MSCI Eurozone ETF during the fourth quarter valued at approximately $5,772,000. Finally, Park Avenue Securities LLC bought a new position in iShares MSCI Eurozone ETF during the fourth quarter valued at approximately $4,133,000.

iShares MSCI Eurozone ETF Stock Down 1.2%

BATS EZU opened at $66.78 on Wednesday. The company has a 50-day simple moving average of $64.76 and a two-hundred day simple moving average of $64.75. iShares MSCI Eurozone ETF has a 12-month low of $56.70 and a 12-month high of $69.44. The firm has a market cap of $9.12 billion, a price-to-earnings ratio of 16.35 and a beta of 1.01.

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.