PNC Financial Services Group Inc. Reduces Stock Position in iShares MSCI Eurozone ETF $EZU

PNC Financial Services Group Inc. cut its stake in iShares MSCI Eurozone ETF (BATS:EZU) by 6.5% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 110,347 shares of the company’s stock after selling 7,733 shares during the quarter. PNC Financial Services Group Inc. owned about 0.08% of iShares MSCI Eurozone ETF worth $6,912,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in EZU. Steward Partners Investment Advisory LLC boosted its position in shares of iShares MSCI Eurozone ETF by 1.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 15,571 shares of the company’s stock valued at $998,000 after acquiring an additional 149 shares during the period. Apollon Wealth Management LLC increased its holdings in iShares MSCI Eurozone ETF by 4.0% during the 1st quarter. Apollon Wealth Management LLC now owns 4,919 shares of the company’s stock worth $308,000 after acquiring an additional 187 shares during the period. Focus Partners Wealth lifted its stake in iShares MSCI Eurozone ETF by 4.3% in the 1st quarter. Focus Partners Wealth now owns 5,774 shares of the company’s stock worth $307,000 after purchasing an additional 240 shares in the last quarter. Allworth Financial LP boosted its holdings in iShares MSCI Eurozone ETF by 36.5% in the 4th quarter. Allworth Financial LP now owns 1,017 shares of the company’s stock valued at $65,000 after purchasing an additional 272 shares during the period. Finally, Financial Network Wealth Advisors LLC boosted its holdings in iShares MSCI Eurozone ETF by 177.8% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 439 shares of the company’s stock valued at $28,000 after purchasing an additional 281 shares during the period.

iShares MSCI Eurozone ETF Price Performance

EZU opened at $67.93 on Monday. The firm has a market capitalization of $9.27 billion, a P/E ratio of 16.35 and a beta of 1.01. iShares MSCI Eurozone ETF has a one year low of $57.10 and a one year high of $70.31. The company has a fifty day moving average price of $68.52 and a 200-day moving average price of $66.77.

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.