Arrow Investment Advisors LLC purchased a new position in iShares MSCI Eurozone ETF (BATS:EZU – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 68,419 shares of the company’s stock, valued at approximately $4,607,000. iShares MSCI Eurozone ETF makes up approximately 4.0% of Arrow Investment Advisors LLC’s portfolio, making the stock its 5th largest position. Arrow Investment Advisors LLC owned 0.05% of iShares MSCI Eurozone ETF as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada grew its position in iShares MSCI Eurozone ETF by 113.9% in the 1st quarter. Royal Bank of Canada now owns 11,862,280 shares of the company’s stock valued at $743,052,000 after purchasing an additional 6,316,311 shares during the period. Bank of America Corp DE raised its holdings in shares of iShares MSCI Eurozone ETF by 12.3% in the 1st quarter. Bank of America Corp DE now owns 8,539,311 shares of the company’s stock worth $534,902,000 after acquiring an additional 937,598 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in iShares MSCI Eurozone ETF by 8,264.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 419,834 shares of the company’s stock worth $26,298,000 after purchasing an additional 414,815 shares in the last quarter. Cetera Investment Advisers increased its holdings in iShares MSCI Eurozone ETF by 98.7% during the 1st quarter. Cetera Investment Advisers now owns 310,456 shares of the company’s stock worth $19,447,000 after purchasing an additional 154,222 shares in the last quarter. Finally, Ascent Group LLC raised its stake in shares of iShares MSCI Eurozone ETF by 12.9% in the third quarter. Ascent Group LLC now owns 281,510 shares of the company’s stock worth $18,954,000 after purchasing an additional 32,193 shares during the last quarter.
iShares MSCI Eurozone ETF Price Performance
Shares of EZU stock traded down $0.73 during trading hours on Friday, reaching $65.43. The company had a trading volume of 705,974 shares, compared to its average volume of 1,465,920. iShares MSCI Eurozone ETF has a 12 month low of $59.92 and a 12 month high of $72.19. The business has a fifty day simple moving average of $67.34 and a 200-day simple moving average of $67.43. The company has a market cap of $8.93 billion, a price-to-earnings ratio of 16.35 and a beta of 1.01.
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.
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