iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) Stock Price Down 0.4% – Here’s What Happened

Shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) dropped 0.4% during trading on Friday . The company traded as low as $38.87 and last traded at $38.91. Approximately 9,471 shares were traded during trading, a decline of 51% from the average daily volume of 19,134 shares. The stock had previously closed at $39.05.

iShares Currency Hedged MSCI EAFE Small-Cap ETF Price Performance

The firm’s fifty day simple moving average is $38.32 and its 200 day simple moving average is $36.92. The company has a market capitalization of $175.48 million, a price-to-earnings ratio of 14.36 and a beta of 0.65.

Hedge Funds Weigh In On iShares Currency Hedged MSCI EAFE Small-Cap ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. IFP Advisors Inc grew its position in iShares Currency Hedged MSCI EAFE Small-Cap ETF by 25.0% during the 3rd quarter. IFP Advisors Inc now owns 18,726 shares of the company’s stock worth $705,000 after purchasing an additional 3,750 shares in the last quarter. Capital Square LLC purchased a new stake in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF in the third quarter valued at $214,000. Flow Traders U.S. LLC boosted its position in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF by 116.8% in the third quarter. Flow Traders U.S. LLC now owns 54,023 shares of the company’s stock worth $2,032,000 after buying an additional 29,101 shares during the period. Thoroughbred Financial Services LLC purchased a new position in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF during the third quarter valued at $384,000. Finally, First PREMIER Bank raised its position in iShares Currency Hedged MSCI EAFE Small-Cap ETF by 53.2% during the third quarter. First PREMIER Bank now owns 10,078 shares of the company’s stock valued at $379,000 after buying an additional 3,498 shares during the period.

About iShares Currency Hedged MSCI EAFE Small-Cap ETF

The iShares Currency Hedged MSCI EAFE Small-Cap ETF (HSCZ) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of small-cap stocks from developed markets outside the US and Canada, hedged against movements in the underlying currencies for US investors. HSCZ was launched on Jul 1, 2015 and is managed by BlackRock.