Sage Mountain Advisors LLC Decreases Stock Position in iShares Currency Hedged MSCI EMU ETF (NYSEARCA:HEZU)

Sage Mountain Advisors LLC decreased its position in shares of iShares Currency Hedged MSCI EMU ETF (NYSEARCA:HEZU) by 24.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,639 shares of the company’s stock after selling 3,786 shares during the period. Sage Mountain Advisors LLC’s holdings in iShares Currency Hedged MSCI EMU ETF were worth $417,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC acquired a new stake in shares of iShares Currency Hedged MSCI EMU ETF during the third quarter valued at about $46,000. Jones Financial Companies Lllp purchased a new position in iShares Currency Hedged MSCI EMU ETF in the fourth quarter valued at about $64,000. FMR LLC grew its stake in iShares Currency Hedged MSCI EMU ETF by 21.4% during the 3rd quarter. FMR LLC now owns 2,120 shares of the company’s stock valued at $78,000 after purchasing an additional 374 shares in the last quarter. High Falls Advisors Inc purchased a new stake in iShares Currency Hedged MSCI EMU ETF during the 3rd quarter worth approximately $220,000. Finally, Westfuller Advisors LLC acquired a new position in shares of iShares Currency Hedged MSCI EMU ETF in the 3rd quarter valued at approximately $270,000.

iShares Currency Hedged MSCI EMU ETF Trading Down 0.6 %

HEZU stock opened at $39.37 on Wednesday. The firm has a 50 day simple moving average of $38.47 and a 200-day simple moving average of $36.87. The company has a market capitalization of $409.45 million, a P/E ratio of 16.38 and a beta of 0.94. iShares Currency Hedged MSCI EMU ETF has a twelve month low of $32.92 and a twelve month high of $40.77.

About iShares Currency Hedged MSCI EMU ETF

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.