Madison Asset Management LLC Sells 154,523 Shares of iShares MSCI Eurozone ETF $EZU

Madison Asset Management LLC lessened its position in iShares MSCI Eurozone ETF (BATS:EZU) by 65.1% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 82,862 shares of the company’s stock after selling 154,523 shares during the period. Madison Asset Management LLC’s holdings in iShares MSCI Eurozone ETF were worth $5,190,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Amundi bought a new stake in shares of iShares MSCI Eurozone ETF during the first quarter valued at approximately $606,000. Millennium Management LLC bought a new position in shares of iShares MSCI Eurozone ETF in the 1st quarter worth $7,229,000. NewEdge Advisors LLC lifted its holdings in shares of iShares MSCI Eurozone ETF by 240.9% in the 1st quarter. NewEdge Advisors LLC now owns 24,053 shares of the company’s stock worth $1,281,000 after purchasing an additional 16,998 shares in the last quarter. Focus Partners Wealth grew its position 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 valued at $307,000 after purchasing an additional 240 shares during the period. Finally, Russell Investments Group Ltd. grew its position in iShares MSCI Eurozone ETF by 448.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 24,596 shares of the company’s stock valued at $1,462,000 after purchasing an additional 20,110 shares during the period.

iShares MSCI Eurozone ETF Trading Up 1.6%

EZU opened at $68.54 on Wednesday. The company’s fifty day moving average price is $68.44 and its two-hundred day moving average price is $66.70. The company has a market cap of $9.36 billion, a price-to-earnings ratio of 16.35 and a beta of 1.01. iShares MSCI Eurozone ETF has a 1-year low of $57.10 and a 1-year high of $70.31.

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.