iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Hits New 12-Month High – Here’s Why

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU)’s stock price reached a new 52-week high on Thursday . The company traded as high as $48.63 and last traded at $48.24, with a volume of 14020 shares traded. The stock had previously closed at $47.38.

iShares Currency Hedged MSCI Eurozone ETF Stock Performance

The stock has a 50-day moving average of $46.70 and a two-hundred day moving average of $45.34. The company has a market cap of $623.06 million, a P/E ratio of 16.09 and a beta of 0.67.

Institutional Trading of iShares Currency Hedged MSCI Eurozone ETF

Hedge funds have recently bought and sold shares of the company. Kelleher Financial Advisors bought a new stake in iShares Currency Hedged MSCI Eurozone ETF in the 3rd quarter worth approximately $26,000. IFC & Insurance Marketing Inc. purchased a new position in iShares Currency Hedged MSCI Eurozone ETF in the 4th quarter worth approximately $35,000. WFA of San Diego LLC purchased a new position in iShares Currency Hedged MSCI Eurozone ETF in the 2nd quarter worth approximately $41,000. Farther Finance Advisors LLC increased its stake in iShares Currency Hedged MSCI Eurozone ETF by 198.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,416 shares of the company’s stock worth $62,000 after purchasing an additional 941 shares during the period. Finally, Flagship Harbor Advisors LLC purchased a new position in iShares Currency Hedged MSCI Eurozone ETF in the 4th quarter worth approximately $102,000.

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.