iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Sees Strong Trading Volume – Still a Buy?

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZUGet Free Report) saw an uptick in trading volume on Friday . 97,156 shares were traded during trading, an increase of 54% from the previous session’s volume of 63,083 shares.The stock last traded at $48.7750 and had previously closed at $48.40.

iShares Currency Hedged MSCI Eurozone ETF Stock Up 0.8%

The firm has a market capitalization of $568.62 million, a P/E ratio of 16.09 and a beta of 0.66. The stock has a fifty day simple moving average of $49.31 and a 200 day simple moving average of $47.45.

Institutional Investors Weigh In On iShares Currency Hedged MSCI Eurozone ETF

Hedge funds have recently modified their holdings of the company. IFC & Insurance Marketing Inc. bought a new stake in iShares Currency Hedged MSCI Eurozone ETF in the fourth quarter valued at $35,000. Banco Bilbao Vizcaya Argentaria S.A. acquired a new position in iShares Currency Hedged MSCI Eurozone ETF in the 3rd quarter valued at $279,000. Kelleher Financial Advisors bought a new position in iShares Currency Hedged MSCI Eurozone ETF in the third quarter valued at about $26,000. WFA of San Diego LLC acquired a new stake in iShares Currency Hedged MSCI Eurozone ETF in the second quarter worth $41,000. Finally, Ameriprise Financial Inc. grew its holdings in shares of iShares Currency Hedged MSCI Eurozone ETF by 3.4% during the second quarter. Ameriprise Financial Inc. now owns 12,671 shares of the company’s stock valued at $520,000 after buying an additional 420 shares during the last quarter.

iShares Currency Hedged MSCI Eurozone ETF Company Profile

(Get Free Report)

The iShares Currency Hedged MSCI Eurozone ETF (HEZU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a cap-weighted index of large- and mid-cap securities from the eurozone, while hedging out its exposure to the euro currency relative to the US dollar. HEZU was launched on Jul 10, 2014 and is managed by BlackRock.

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