iShares MSCI Eurozone ETF (BATS:EZU) Hits New 1-Year High – Still a Buy?

iShares MSCI Eurozone ETF (BATS:EZU)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $69.49 and last traded at $69.22, with a volume of 117808 shares trading hands. The stock had previously closed at $68.08.

iShares MSCI Eurozone ETF Stock Up 0.3%

The stock has a market capitalization of $9.32 billion, a PE ratio of 16.35 and a beta of 1.01. The stock has a fifty day moving average of $66.63 and a 200-day moving average of $65.50.

Hedge Funds Weigh In On iShares MSCI Eurozone ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Steward Partners Investment Advisory LLC grew its stake in shares of iShares MSCI Eurozone ETF by 1.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 15,571 shares of the company’s stock worth $998,000 after purchasing an additional 149 shares in the last quarter. Apollon Wealth Management LLC grew its position in shares of iShares MSCI Eurozone ETF by 4.0% in the 1st quarter. Apollon Wealth Management LLC now owns 4,919 shares of the company’s stock valued at $308,000 after buying an additional 187 shares during the last quarter. Lazard Asset Management LLC grew its position in shares of iShares MSCI Eurozone ETF by 3.9% in the 1st quarter. Lazard Asset Management LLC now owns 5,257 shares of the company’s stock valued at $329,000 after buying an additional 195 shares during the last quarter. Regatta Capital Group LLC grew its position in shares of iShares MSCI Eurozone ETF by 6.0% in the 4th quarter. Regatta Capital Group LLC now owns 3,982 shares of the company’s stock valued at $255,000 after buying an additional 225 shares during the last quarter. Finally, Focus Partners Wealth grew its position in shares of iShares MSCI Eurozone ETF by 4.3% in the 1st quarter. Focus Partners Wealth now owns 5,774 shares of the company’s stock valued at $307,000 after buying an additional 240 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.