iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Reaches New 52-Week High – What’s Next?

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZUGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $49.79 and last traded at $49.31, with a volume of 34964 shares changing hands. The stock had previously closed at $49.41.

iShares Currency Hedged MSCI Eurozone ETF Price Performance

The stock has a market cap of $635.25 million, a P/E ratio of 16.09 and a beta of 0.67. The firm’s 50-day moving average price is $47.12 and its 200-day moving average price is $45.54.

Hedge Funds Weigh In On iShares Currency Hedged MSCI Eurozone ETF

Institutional investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. increased its holdings in iShares Currency Hedged MSCI Eurozone ETF by 3.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 12,671 shares of the company’s stock valued at $520,000 after acquiring an additional 420 shares during the last quarter. Kelleher Financial Advisors bought a new position in shares of iShares Currency Hedged MSCI Eurozone ETF during the 3rd quarter valued at about $26,000. IFC & Insurance Marketing Inc. bought a new position in shares of iShares Currency Hedged MSCI Eurozone ETF during the 4th quarter valued at about $35,000. Farther Finance Advisors LLC boosted its holdings in shares of iShares Currency Hedged MSCI Eurozone ETF by 198.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,416 shares of the company’s stock valued at $62,000 after purchasing an additional 941 shares during the last quarter. Finally, WFA of San Diego LLC purchased a new position in shares of iShares Currency Hedged MSCI Eurozone ETF during the second quarter valued at about $41,000.

About iShares Currency Hedged MSCI Eurozone ETF

(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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