iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) Trading Down 0.7% – Here’s Why

iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) shares dropped 0.7% during trading on Monday . The company traded as low as $39.53 and last traded at $40.30. Approximately 37,398 shares changed hands during trading, an increase of 75% from the average daily volume of 21,387 shares. The stock had previously closed at $40.58.

iShares Currency Hedged MSCI EAFE Small-Cap ETF Price Performance

The firm has a market cap of $179.34 million, a PE ratio of 14.36 and a beta of 0.65. The business has a 50-day moving average price of $40.88 and a two-hundred day moving average price of $39.07.

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

Several hedge funds have recently added to or reduced their stakes in HSCZ. Flow Traders U.S. LLC raised its position in iShares Currency Hedged MSCI EAFE Small-Cap ETF by 116.8% during the third quarter. Flow Traders U.S. LLC now owns 54,023 shares of the company’s stock worth $2,032,000 after acquiring an additional 29,101 shares during the last quarter. Creative Financial Designs Inc. ADV grew its position in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF by 191.0% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 5,019 shares of the company’s stock valued at $195,000 after purchasing an additional 3,294 shares during the last quarter. First PREMIER Bank increased its stake in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF by 202.6% during the 4th quarter. First PREMIER Bank now owns 30,491 shares of the company’s stock worth $1,186,000 after purchasing an additional 20,413 shares in the last quarter. CoreCap Advisors LLC purchased a new position in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF during the 4th quarter worth approximately $25,000. Finally, IFP Advisors Inc raised its position in shares of 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 during the last quarter.

iShares Currency Hedged MSCI EAFE Small-Cap ETF Company Profile

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.