JPMorgan Chase & Co. Decreases Position in iShares Currency Hedged MSCI Eurozone ETF $HEZU

JPMorgan Chase & Co. lowered its position in iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) by 34.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 285,926 shares of the company’s stock after selling 151,789 shares during the quarter. JPMorgan Chase & Co. owned 1.79% of iShares Currency Hedged MSCI Eurozone ETF worth $12,056,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in HEZU. Kelleher Financial Advisors purchased a new stake in shares of iShares Currency Hedged MSCI Eurozone ETF in the 3rd quarter worth about $26,000. WFA of San Diego LLC purchased a new position in iShares Currency Hedged MSCI Eurozone ETF during the 2nd quarter valued at about $41,000. Jones Financial Companies Lllp increased its holdings in iShares Currency Hedged MSCI Eurozone ETF by 14.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,750 shares of the company’s stock valued at $199,000 after acquiring an additional 615 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. acquired a new position in iShares Currency Hedged MSCI Eurozone ETF during the third quarter worth about $279,000. Finally, Olde Wealth Management LLC acquired a new position in iShares Currency Hedged MSCI Eurozone ETF during the third quarter worth about $311,000.

iShares Currency Hedged MSCI Eurozone ETF Price Performance

Shares of NYSEARCA HEZU opened at $42.28 on Friday. The firm’s 50-day moving average is $45.11 and its two-hundred day moving average is $43.83. The company has a market capitalization of $604.60 million, a PE ratio of 16.09 and a beta of 0.76. iShares Currency Hedged MSCI Eurozone ETF has a 12-month low of $33.95 and a 12-month high of $48.54.

About iShares Currency Hedged MSCI Eurozone 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.