iShares MSCI Eurozone ETF $EZU Shares Purchased by Royal Bank of Canada

Royal Bank of Canada lifted its holdings in iShares MSCI Eurozone ETF (BATS:EZU) by 113.9% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 11,862,280 shares of the company’s stock after purchasing an additional 6,316,311 shares during the period. Royal Bank of Canada owned approximately 0.09% of iShares MSCI Eurozone ETF worth $743,052,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Tucker Asset Management LLC purchased a new position in shares of iShares MSCI Eurozone ETF during the 4th quarter worth $27,000. Financial Network Wealth Advisors LLC increased its position in iShares MSCI Eurozone ETF by 177.8% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 439 shares of the company’s stock worth $28,000 after purchasing an additional 281 shares during the last quarter. Rothschild Investment LLC acquired a new stake in iShares MSCI Eurozone ETF during the fourth quarter worth about $32,000. Miller Capital Partners Inc. purchased a new stake in shares of iShares MSCI Eurozone ETF during the 4th quarter valued at approximately $33,000. Finally, Simplex Trading LLC purchased a new position in iShares MSCI Eurozone ETF in the fourth quarter worth approximately $35,000.

iShares MSCI Eurozone ETF Trading Down 0.1%

BATS EZU opened at $68.17 on Wednesday. iShares MSCI Eurozone ETF has a twelve month low of $57.10 and a twelve month high of $70.31. The stock has a market cap of $9.31 billion, a PE ratio of 16.35 and a beta of 1.01. The stock has a fifty day simple moving average of $68.59 and a 200-day simple moving average of $66.81.

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.