Sage Mountain Advisors LLC Boosts Stake in iShares Currency Hedged MSCI EMU ETF (NYSEARCA:HEZU)

Sage Mountain Advisors LLC grew its stake in shares of iShares Currency Hedged MSCI EMU ETF (NYSEARCA:HEZU) by 78.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,483 shares of the company’s stock after buying an additional 3,300 shares during the period. Sage Mountain Advisors LLC’s holdings in iShares Currency Hedged MSCI EMU ETF were worth $249,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Connecticut Wealth Management LLC raised its position in iShares Currency Hedged MSCI EMU ETF by 3.4% in the 3rd quarter. Connecticut Wealth Management LLC now owns 182,270 shares of the company’s stock worth $5,603,000 after purchasing an additional 5,954 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in iShares Currency Hedged MSCI EMU ETF by 25.6% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 19,800 shares of the company’s stock worth $609,000 after purchasing an additional 4,034 shares during the period. HighTower Advisors LLC raised its position in iShares Currency Hedged MSCI EMU ETF by 1.7% in the 3rd quarter. HighTower Advisors LLC now owns 278,782 shares of the company’s stock worth $8,570,000 after purchasing an additional 4,698 shares during the period. UBS Group AG raised its position in iShares Currency Hedged MSCI EMU ETF by 2.4% in the 3rd quarter. UBS Group AG now owns 120,284 shares of the company’s stock worth $3,698,000 after purchasing an additional 2,837 shares during the period. Finally, Citigroup Inc. raised its position in iShares Currency Hedged MSCI EMU ETF by 5.9% in the 3rd quarter. Citigroup Inc. now owns 31,011 shares of the company’s stock worth $953,000 after purchasing an additional 1,725 shares during the period.

iShares Currency Hedged MSCI EMU ETF Stock Up 1.1 %

Shares of NYSEARCA:HEZU opened at $35.96 on Tuesday. The stock has a market cap of $420.73 million, a PE ratio of 15.82 and a beta of 0.71. The company’s fifty day moving average is $35.69 and its 200 day moving average is $33.47. iShares Currency Hedged MSCI EMU ETF has a 52 week low of $29.28 and a 52 week high of $37.11.

iShares Currency Hedged MSCI EMU 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.