iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Sees Strong Trading Volume – What’s Next?

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) shares saw an uptick in trading volume on Friday . 102,871 shares changed hands during trading, an increase of 100% from the previous session’s volume of 51,474 shares.The stock last traded at $45.63 and had previously closed at $45.65.

iShares Currency Hedged MSCI Eurozone ETF Price Performance

The company has a market capitalization of $649.37 million, a price-to-earnings ratio of 16.09 and a beta of 0.76. The firm has a 50-day moving average price of $43.78 and a two-hundred day moving average price of $42.29.

Institutional Investors Weigh In On iShares Currency Hedged MSCI Eurozone ETF

A number of institutional investors and hedge funds have recently modified their holdings of HEZU. Piscataqua Savings Bank acquired a new position in shares of iShares Currency Hedged MSCI Eurozone ETF during the 4th quarter worth approximately $165,000. Flow Traders U.S. LLC boosted 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 acquiring an additional 113,752 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. acquired a new stake in iShares Currency Hedged MSCI Eurozone ETF in the 3rd quarter valued at about $279,000. Kelleher Financial Advisors acquired a new position in iShares Currency Hedged MSCI Eurozone ETF during the 3rd quarter worth about $26,000. Finally, Olde Wealth Management LLC purchased a new stake in iShares Currency Hedged MSCI Eurozone ETF in the 3rd quarter valued at $311,000.

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.