Power Wealth Management LLC Invests $1.09 Million in iShares MSCI Eurozone ETF $EZU

Power Wealth Management LLC bought a new stake in iShares MSCI Eurozone ETF (BATS:EZU) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,715 shares of the company’s stock, valued at approximately $1,092,000.

Several other institutional investors have also bought and sold shares of EZU. Continuum Advisory LLC purchased a new stake in iShares MSCI Eurozone ETF in the 2nd quarter valued at $242,000. BTG Pactual Asset Management US LLC bought a new stake in shares of iShares MSCI Eurozone ETF in the 2nd quarter worth $5,591,000. BFI Infinity Ltd. raised its holdings in shares of iShares MSCI Eurozone ETF by 4.3% in the second quarter. BFI Infinity Ltd. now owns 95,935 shares of the company’s stock valued at $6,667,000 after purchasing an additional 3,988 shares during the last quarter. Contravisory Investment Management Inc. raised its holdings in shares of iShares MSCI Eurozone ETF by 2.5% in the second quarter. Contravisory Investment Management Inc. now owns 18,919 shares of the company’s stock valued at $1,315,000 after purchasing an additional 468 shares during the last quarter. Finally, Valeo Financial Advisors LLC purchased a new stake in shares of iShares MSCI Eurozone ETF in the second quarter valued at about $218,000.

iShares MSCI Eurozone ETF Price Performance

EZU opened at $70.28 on Friday. iShares MSCI Eurozone ETF has a fifty-two week low of $59.18 and a fifty-two week high of $72.19. The firm has a market capitalization of $9.59 billion, a P/E ratio of 16.35 and a beta of 1.01. The company’s 50-day moving average is $69.76 and its 200 day moving average is $67.59.

iShares MSCI Eurozone ETF 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.