Royal Bank of Canada Increases Stake in iShares MSCI Eurozone ETF $EZU

Royal Bank of Canada lifted its position in shares of iShares MSCI Eurozone ETF (BATS:EZU) by 113.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,862,280 shares of the company’s stock after buying an additional 6,316,311 shares during the quarter. Royal Bank of Canada owned approximately 8.69% of iShares MSCI Eurozone ETF worth $743,052,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE grew its stake in shares of iShares MSCI Eurozone ETF by 24.7% during the second quarter. Bank of America Corp DE now owns 8,470,572 shares of the company’s stock worth $503,576,000 after acquiring an additional 1,680,517 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of iShares MSCI Eurozone ETF by 27.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,719,562 shares of the company’s stock worth $174,324,000 after purchasing an additional 593,564 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake 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 valued at $26,298,000 after acquiring an additional 414,815 shares during the period. Fisher Asset Management LLC grew its position in iShares MSCI Eurozone ETF by 11.9% during the 4th quarter. Fisher Asset Management LLC now owns 3,335,268 shares of the company’s stock worth $213,791,000 after purchasing an additional 355,802 shares during the period. Finally, Polianta Ltd purchased a new stake in shares of iShares MSCI Eurozone ETF in the first quarter worth about $14,701,000.

iShares MSCI Eurozone ETF Stock Performance

Shares of BATS EZU opened at $68.17 on Wednesday. The company’s fifty day moving average price is $68.59 and its 200 day moving average price is $66.81. The company has a market capitalization of $9.31 billion, a PE 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.

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.