Madison Investment Advisors LLC Acquires Shares of 141,577 iShares Currency Hedged MSCI EMU ETF (NYSEARCA:HEZU)

Madison Investment Advisors LLC acquired a new stake in iShares Currency Hedged MSCI EMU ETF (NYSEARCA:HEZU) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 141,577 shares of the company’s stock, valued at approximately $5,074,000.

Several other large investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its stake in iShares Currency Hedged MSCI EMU ETF by 248.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 394,666 shares of the company’s stock valued at $14,508,000 after buying an additional 281,272 shares during the period. HighTower Advisors LLC increased its stake in iShares Currency Hedged MSCI EMU ETF by 0.6% in the 4th quarter. HighTower Advisors LLC now owns 285,843 shares of the company’s stock valued at $10,245,000 after buying an additional 1,751 shares during the period. EP Wealth Advisors LLC acquired a new position in shares of iShares Currency Hedged MSCI EMU ETF during the 3rd quarter worth $9,911,000. Robertson Stephens Wealth Management LLC increased its stake in shares of iShares Currency Hedged MSCI EMU ETF by 0.7% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 184,887 shares of the company’s stock worth $6,626,000 after purchasing an additional 1,309 shares during the last quarter. Finally, 3EDGE Asset Management LP acquired a new position in shares of iShares Currency Hedged MSCI EMU ETF during the 4th quarter worth $1,837,000.

iShares Currency Hedged MSCI EMU ETF Stock Down 0.4 %

Shares of HEZU opened at $40.07 on Friday. The company’s fifty day moving average is $39.15 and its 200-day moving average is $37.10. iShares Currency Hedged MSCI EMU ETF has a 12 month low of $32.92 and a 12 month high of $40.84. The firm has a market cap of $731.28 million, a price-to-earnings ratio of 16.65 and a beta of 0.94.

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.