iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Sees Strong Trading Volume – Here’s Why

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) shares saw unusually-high trading volume on Thursday . Approximately 70,691 shares were traded during trading, an increase of 217% from the previous session’s volume of 22,305 shares.The stock last traded at $45.0410 and had previously closed at $45.05.

iShares Currency Hedged MSCI Eurozone ETF Trading Up 0.0%

The company’s fifty day moving average is $43.48 and its 200-day moving average is $42.10. The firm has a market capitalization of $639.92 million, a P/E ratio of 16.09 and a beta of 0.76.

Institutional Trading of iShares Currency Hedged MSCI Eurozone ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sierra Capital LLC acquired a new position in shares of iShares Currency Hedged MSCI Eurozone ETF during the second quarter worth approximately $1,055,000. Strategic Blueprint LLC increased its position in iShares Currency Hedged MSCI Eurozone ETF by 21.2% during the second quarter. Strategic Blueprint LLC now owns 6,614 shares of the company’s stock worth $271,000 after acquiring an additional 1,159 shares during the period. JPMorgan Chase & Co. raised its stake in iShares Currency Hedged MSCI Eurozone ETF by 21.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 437,715 shares of the company’s stock valued at $17,959,000 after purchasing an additional 78,155 shares during the last quarter. Ascent Group LLC acquired a new position in iShares Currency Hedged MSCI Eurozone ETF during the 1st quarter valued at $324,000. Finally, Flow Traders U.S. LLC bought a new stake in iShares Currency Hedged MSCI Eurozone ETF in the 2nd quarter valued at $3,553,000.

iShares Currency Hedged MSCI Eurozone ETF Company Profile

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.