iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Sees Large Volume Increase – Should You Buy?

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZUGet Free Report) saw unusually-strong trading volume on Wednesday . Approximately 1,205,737 shares changed hands during mid-day trading, an increase of 959% from the previous session’s volume of 113,885 shares.The stock last traded at $43.09 and had previously closed at $42.78.

iShares Currency Hedged MSCI Eurozone ETF Stock Up 0.9%

The company has a market capitalization of $690.32 million, a P/E ratio of 16.09 and a beta of 0.76. The business has a 50 day simple moving average of $42.04 and a 200-day simple moving average of $41.08.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. WFA of San Diego LLC bought a new position in shares of iShares Currency Hedged MSCI Eurozone ETF in the second quarter valued at approximately $41,000. AlphaCore Capital LLC bought a new stake in iShares Currency Hedged MSCI Eurozone ETF during the 1st quarter valued at $127,000. Jones Financial Companies Lllp raised its holdings in iShares Currency Hedged MSCI Eurozone ETF by 14.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,750 shares of the company’s stock worth $199,000 after purchasing an additional 615 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of iShares Currency Hedged MSCI Eurozone ETF in the 1st quarter valued at approximately $206,000. Finally, Strategic Blueprint LLC bought a new stake in iShares Currency Hedged MSCI Eurozone ETF during the 1st quarter valued at about $213,000.

About iShares Currency Hedged MSCI Eurozone ETF

(Get Free Report)

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.

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