Absolute Capital Management LLC Takes Position in iShares MSCI Eurozone ETF $EZU

Absolute Capital Management LLC purchased a new position in iShares MSCI Eurozone ETF (BATS:EZU) during the second quarter, Holdings Channel.com reports. The firm purchased 33,041 shares of the company’s stock, valued at approximately $1,964,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cerity Partners LLC boosted its holdings in shares of iShares MSCI Eurozone ETF by 222.9% in the first quarter. Cerity Partners LLC now owns 22,540 shares of the company’s stock worth $1,200,000 after buying an additional 15,559 shares during the period. Private Advisor Group LLC lifted its position in shares of iShares MSCI Eurozone ETF by 7.0% in the 1st quarter. Private Advisor Group LLC now owns 5,182 shares of the company’s stock valued at $276,000 after acquiring an additional 338 shares in the last quarter. IFP Advisors Inc lifted its position in shares of iShares MSCI Eurozone ETF by 1,247.5% in the 1st quarter. IFP Advisors Inc now owns 4,339 shares of the company’s stock valued at $231,000 after acquiring an additional 4,017 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in iShares MSCI Eurozone ETF in the 1st quarter worth approximately $809,000. Finally, Bank Julius Baer & Co. Ltd Zurich grew its position in iShares MSCI Eurozone ETF by 1.3% during the 1st quarter. Bank Julius Baer & Co. Ltd Zurich now owns 101,166 shares of the company’s stock worth $5,387,000 after purchasing an additional 1,339 shares in the last quarter.

iShares MSCI Eurozone ETF Stock Up 27.8%

Shares of BATS:EZU opened at $60.96 on Thursday. The company’s fifty day moving average is $61.98 and its two-hundred day moving average is $60.14. The company has a market cap of $8.32 billion, a P/E ratio of 16.35 and a beta of 1.01. iShares MSCI Eurozone ETF has a 12-month low of $46.02 and a 12-month high of $61.45.

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).