Northwestern Mutual Wealth Management Co. Increases Stock Position in iShares MSCI Eurozone ETF (BATS:EZU)

Northwestern Mutual Wealth Management Co. increased its position in iShares MSCI Eurozone ETF (BATS:EZU) by 4.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 38,191,412 shares of the company’s stock after acquiring an additional 1,675,952 shares during the period. iShares MSCI Eurozone ETF comprises approximately 1.8% of Northwestern Mutual Wealth Management Co.’s holdings, making the stock its 13th largest position. Northwestern Mutual Wealth Management Co. owned approximately 24.99% of iShares MSCI Eurozone ETF worth $1,864,752,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in EZU. Financial Management Professionals Inc. purchased a new stake in iShares MSCI Eurozone ETF during the 1st quarter valued at $52,000. Innealta Capital LLC purchased a new stake in iShares MSCI Eurozone ETF during the 2nd quarter valued at $60,000. Fifth Third Bancorp raised its stake in iShares MSCI Eurozone ETF by 11.9% during the 2nd quarter. Fifth Third Bancorp now owns 2,756 shares of the company’s stock valued at $135,000 after buying an additional 293 shares during the last quarter. Signaturefd LLC raised its stake in iShares MSCI Eurozone ETF by 3,412.5% during the 2nd quarter. Signaturefd LLC now owns 3,091 shares of the company’s stock valued at $151,000 after buying an additional 3,003 shares during the last quarter. Finally, Atomi Financial Group Inc. purchased a new stake in iShares MSCI Eurozone ETF during the 2nd quarter valued at $200,000.

iShares MSCI Eurozone ETF Trading Up 0.2 %

Shares of EZU opened at $52.79 on Friday. The firm has a market cap of $8.07 billion, a PE ratio of 15.73 and a beta of 0.94. The firm has a fifty day simple moving average of $49.94 and a two-hundred day simple moving average of $50.30. iShares MSCI Eurozone ETF has a 1-year low of $36.77 and a 1-year high of $47.13.

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).