Wells Fargo & Company MN reduced its holdings in the iShares MSCI Eurozone ETF (BATS:EZU – free report ) by 54.4% during the fourth quarter, according to its latest 13F filing with the Securities and Exchange Commission. The fund sold 310,753 shares during the period and now holds 260,809 shares of the company's stock. Wells Fargo & Company MN held 0.15% of the iShares MSCI Eurozone ETF worth $12,373,000 as of the end of the most recent quarter.
Other hedge funds also recently modified their holdings in the company. FAS Wealth Partners Inc. increased its holdings in iShares MSCI Eurozone ETF by 75.8% in the fourth quarter. FAS Wealth Partners Inc. now owns 960 shares of the company's stock, valued at $46,000, after purchasing an additional 414 shares in the last quarter. Clearstead Advisors LLC increased its holdings in iShares MSCI Eurozone ETF by 308.2% in the third quarter. Clearstead Advisors LLC now owns 1,241 shares of the company's stock, valued at $52,000, after acquiring an additional 937 shares in the last quarter. Orion Capital Management LLC purchased new shares of iShares MSCI Eurozone ETF worth approximately $77,000 in the fourth quarter. Concourse Financial Group Securities Inc. increased its holdings in iShares MSCI Eurozone ETF by 95.5% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 2,270 shares of the company's stock valued at $108,000 after acquiring an additional 1,109 shares during the period. Finally, Cookson Pierce & Co. purchased a new stake in iShares MSCI Eurozone ETF in the fourth quarter worth about $231,000.
iShares MSCI Eurozone ETF shares up 0.6%
EZU opened trading at $52.02 on Monday. The company's 50-day moving average price is $50.77 and its 200-day moving average price is $48.62. iShares MSCI Eurozone ETF has a 12-month low of $36.77 and a 12-month high of $47.13. The company has a market capitalization of $7.95 billion, a price-to-earnings ratio of 15.73 and a beta of 0.94.
About iShares MSCI Eurozone ETF
(Free report)
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 generally correspond 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).
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