iShares MSCI Eurozone ETF (BATS:EZU) Stock Price Cross Below 200-Day Moving Average – Here’s What Happened

Shares of iShares MSCI Eurozone ETF (BATS:EZU) crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $67.46 and traded as low as $67.16. iShares MSCI Eurozone ETF shares last traded at $67.23, with a volume of 688,121 shares traded.

iShares MSCI Eurozone ETF Stock Performance

The company has a market cap of $9.37 billion, a P/E ratio of 16.85 and a beta of 0.91. The stock has a 50-day simple moving average of $67.14 and a 200 day simple moving average of $67.46.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of EZU. Beaumont Financial Advisors LLC increased its holdings in iShares MSCI Eurozone ETF by 2.3% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 7,434 shares of the company’s stock valued at $501,000 after buying an additional 168 shares during the period. Lazard Asset Management LLC lifted its holdings in shares of iShares MSCI Eurozone ETF by 3.9% during the 1st quarter. Lazard Asset Management LLC now owns 5,257 shares of the company’s stock worth $329,000 after acquiring an additional 195 shares during the period. Choreo LLC lifted its holdings in shares of iShares MSCI Eurozone ETF by 4.4% during the 3rd quarter. Choreo LLC now owns 6,363 shares of the company’s stock worth $428,000 after acquiring an additional 269 shares during the period. Waverly Advisors LLC boosted its position in shares of iShares MSCI Eurozone ETF by 3.9% during the 1st quarter. Waverly Advisors LLC now owns 8,264 shares of the company’s stock valued at $518,000 after acquiring an additional 307 shares in the last quarter. Finally, Assetmark Inc. boosted its position in shares of iShares MSCI Eurozone ETF by 31.4% during the 1st quarter. Assetmark Inc. now owns 1,331 shares of the company’s stock valued at $83,000 after acquiring an additional 318 shares in the last quarter.

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.