iShares MSCI Eurozone ETF (BATS:EZU) Hits New 52-Week High – Time to Buy?

iShares MSCI Eurozone ETF (BATS:EZU)’s stock price hit a new 52-week high on Monday . The company traded as high as $48.42 and last traded at $49.36, with a volume of 907463 shares traded. The stock had previously closed at $47.70.

iShares MSCI Eurozone ETF Price Performance

The stock has a market cap of $7.58 billion, a P/E ratio of 15.73 and a beta of 0.94. The stock’s 50-day moving average is $48.37 and its two-hundred day moving average is $49.28.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Atria Wealth Solutions Inc. purchased a new position in shares of iShares MSCI Eurozone ETF during the 4th quarter valued at approximately $565,000. WBH Advisory Inc. boosted its position in shares of iShares MSCI Eurozone ETF by 14.7% during the 4th quarter. WBH Advisory Inc. now owns 7,766 shares of the company’s stock valued at $367,000 after acquiring an additional 997 shares during the last quarter. PUREfi Wealth LLC purchased a new stake in iShares MSCI Eurozone ETF in the 4th quarter valued at about $217,000. Blue Trust Inc. increased its stake in iShares MSCI Eurozone ETF by 32.6% during the fourth quarter. Blue Trust Inc. now owns 1,372 shares of the company’s stock worth $65,000 after purchasing an additional 337 shares during the period. Finally, Compagnie Lombard Odier SCmA increased its stake in iShares MSCI Eurozone ETF by 28.2% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 56,128 shares of the company’s stock worth $2,649,000 after purchasing an additional 12,358 shares during the period.

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).