iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) saw unusually-high trading volume on Friday . 214,392 shares changed hands during trading, an increase of 212% from the previous session’s volume of 68,629 shares.The stock last traded at $48.67 and had previously closed at $48.72.

iShares Currency Hedged MSCI Eurozone ETF Price Performance

The firm’s fifty day moving average price is $48.17 and its 200-day moving average price is $46.16. The company has a market capitalization of $568.64 million, a price-to-earnings ratio of 16.09 and a beta of 0.66.

Institutional Investors Weigh In On iShares Currency Hedged MSCI Eurozone ETF

Hedge funds have recently added to or reduced their stakes in the business. IFC & Insurance Marketing Inc. acquired a new stake in iShares Currency Hedged MSCI Eurozone ETF in the fourth quarter worth $35,000. Farther Finance Advisors LLC raised its stake in 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 worth $62,000 after buying an additional 941 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in iShares Currency Hedged MSCI Eurozone ETF in the fourth quarter valued at approximately $102,000. Piscataqua Savings Bank bought a new stake in shares of iShares Currency Hedged MSCI Eurozone ETF during the fourth quarter valued at approximately $165,000. Finally, Flow Traders U.S. LLC lifted its holdings in shares of iShares Currency Hedged MSCI Eurozone ETF by 131.3% in the 3rd quarter. Flow Traders U.S. LLC now owns 200,356 shares of the company’s stock worth $8,448,000 after purchasing an additional 113,752 shares in the last quarter.

About iShares Currency Hedged MSCI Eurozone ETF

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.