Madison Asset Management LLC Sells 27,424 Shares of iShares MSCI Eurozone ETF $EZU

Madison Asset Management LLC lowered its stake in iShares MSCI Eurozone ETF (BATS:EZU) by 10.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 237,385 shares of the company’s stock after selling 27,424 shares during the quarter. Madison Asset Management LLC’s holdings in iShares MSCI Eurozone ETF were worth $15,216,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Regatta Capital Group LLC lifted its position in iShares MSCI Eurozone ETF by 6.0% in the fourth quarter. Regatta Capital Group LLC now owns 3,982 shares of the company’s stock valued at $255,000 after purchasing an additional 225 shares during the last quarter. Focus Partners Wealth increased its position in shares of iShares MSCI Eurozone ETF by 4.3% in the first quarter. Focus Partners Wealth now owns 5,774 shares of the company’s stock valued at $307,000 after acquiring an additional 240 shares during the period. Apollon Wealth Management LLC increased its position in shares of iShares MSCI Eurozone ETF by 5.4% in the fourth quarter. Apollon Wealth Management LLC now owns 4,732 shares of the company’s stock valued at $303,000 after acquiring an additional 242 shares during the period. U.S. Capital Wealth Advisors LLC increased its position in shares of iShares MSCI Eurozone ETF by 6.3% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 4,815 shares of the company’s stock valued at $309,000 after acquiring an additional 284 shares during the period. Finally, Gibbs Wealth Management increased its position in shares of iShares MSCI Eurozone ETF by 6.7% in the fourth quarter. Gibbs Wealth Management now owns 4,528 shares of the company’s stock valued at $299,000 after acquiring an additional 285 shares during the period.

iShares MSCI Eurozone ETF Trading Down 1.2%

EZU stock opened at $66.78 on Wednesday. The firm’s 50-day moving average price is $64.76 and its two-hundred day moving average price is $64.75. iShares MSCI Eurozone ETF has a 12-month low of $56.70 and a 12-month high of $69.44. The stock has a market capitalization of $9.12 billion, a price-to-earnings ratio of 16.35 and a beta of 1.01.

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). 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.