iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Reaches New 52-Week High – Here’s What Happened

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU)’s stock price reached a new 52-week high on Monday . The company traded as high as $44.72 and last traded at $44.7450, with a volume of 880 shares. The stock had previously closed at $43.76.

iShares Currency Hedged MSCI Eurozone ETF Price Performance

The business has a 50 day simple moving average of $43.37 and a 200 day simple moving average of $42.01. The company has a market capitalization of $637.35 million, a price-to-earnings ratio of 16.09 and a beta of 0.76.

Hedge Funds Weigh In On iShares Currency Hedged MSCI Eurozone ETF

Institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of iShares Currency Hedged MSCI Eurozone ETF by 21.7% during the second quarter. JPMorgan Chase & Co. now owns 437,715 shares of the company’s stock worth $17,959,000 after purchasing an additional 78,155 shares in the last quarter. Flow Traders U.S. LLC grew its stake in iShares Currency Hedged MSCI Eurozone ETF by 131.3% during the 3rd quarter. Flow Traders U.S. LLC now owns 200,356 shares of the company’s stock worth $8,448,000 after purchasing an additional 113,752 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in iShares Currency Hedged MSCI Eurozone ETF by 26.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 155,423 shares of the company’s stock worth $6,057,000 after purchasing an additional 32,459 shares during the period. Royal Bank of Canada raised its position in iShares Currency Hedged MSCI Eurozone ETF by 4.7% in the 1st quarter. Royal Bank of Canada now owns 51,645 shares of the company’s stock valued at $2,013,000 after purchasing an additional 2,309 shares in the last quarter. Finally, Sierra Capital LLC acquired a new stake in iShares Currency Hedged MSCI Eurozone ETF in the 2nd quarter valued at about $1,055,000.

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.