iShares Currency Hedged MSCI EMU ETF (NYSEARCA:HEZU) Sees Large Volume Increase – Here’s Why

iShares Currency Hedged MSCI EMU ETF (NYSEARCA:HEZU) saw unusually-high trading volume on Tuesday . Approximately 526,187 shares traded hands during mid-day trading, an increase of 448% from the previous session’s volume of 95,977 shares.The stock last traded at $39.16 and had previously closed at $38.97.

iShares Currency Hedged MSCI EMU ETF Stock Up 0.7 %

The firm has a 50-day moving average price of $39.47 and a two-hundred day moving average price of $37.31. The firm has a market cap of $715.84 million, a PE ratio of 16.65 and a beta of 0.94.

Institutional Investors Weigh In On iShares Currency Hedged MSCI EMU ETF

A number of hedge funds have recently modified their holdings of the business. GTS Securities LLC purchased a new stake in iShares Currency Hedged MSCI EMU ETF during the 4th quarter valued at about $732,000. Deutsche Bank AG grew its position in shares of iShares Currency Hedged MSCI EMU ETF by 364.9% in the fourth quarter. Deutsche Bank AG now owns 8,600 shares of the company’s stock valued at $308,000 after purchasing an additional 6,750 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of iShares Currency Hedged MSCI EMU ETF by 78.3% in the fourth quarter. Jane Street Group LLC now owns 31,835 shares of the company’s stock valued at $1,141,000 after purchasing an additional 13,983 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. lifted its position in iShares Currency Hedged MSCI EMU ETF by 161.5% during the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 159,062 shares of the company’s stock worth $5,669,000 after buying an additional 98,232 shares in the last quarter. Finally, MML Investors Services LLC boosted its stake in iShares Currency Hedged MSCI EMU ETF by 5.4% during the fourth quarter. MML Investors Services LLC now owns 72,452 shares of the company’s stock worth $2,597,000 after buying an additional 3,696 shares during the last quarter.

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.