iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) Sees Large Volume Increase – Should You Buy?

iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) saw strong trading volume on Wednesday . 247,119 shares changed hands during trading, an increase of 203% from the previous session’s volume of 81,482 shares.The stock last traded at $46.2890 and had previously closed at $46.21.

iShares Currency Hedged MSCI Eurozone ETF Price Performance

The firm has a 50-day moving average of $44.69 and a 200-day moving average of $42.93. The stock has a market cap of $662.52 million, a PE ratio of 16.09 and a beta of 0.76.

Institutional Investors Weigh In On iShares Currency Hedged MSCI Eurozone ETF

Large investors have recently bought and sold shares of the business. Kelleher Financial Advisors bought a new position in iShares Currency Hedged MSCI Eurozone ETF during the third quarter valued at $26,000. WFA of San Diego LLC purchased a new stake in shares of iShares Currency Hedged MSCI Eurozone ETF during the 2nd quarter valued at about $41,000. Farther Finance Advisors LLC raised its position in shares of iShares Currency Hedged MSCI Eurozone ETF by 198.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,416 shares of the company’s stock valued at $62,000 after buying an additional 941 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in shares of iShares Currency Hedged MSCI Eurozone ETF in the 4th quarter valued at about $102,000. Finally, Piscataqua Savings Bank purchased a new position in iShares Currency Hedged MSCI Eurozone ETF in the fourth quarter worth about $165,000.

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.