Envestnet Asset Management Inc. Cuts Position in iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU)

Envestnet Asset Management Inc. decreased its position in iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) by 13.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,586 shares of the company’s stock after selling 10,890 shares during the quarter. Envestnet Asset Management Inc. owned 0.41% of iShares Currency Hedged MSCI Eurozone ETF worth $2,790,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HEZU. Insight Wealth Strategies LLC purchased a new stake in iShares Currency Hedged MSCI Eurozone ETF during the first quarter worth about $13,391,000. LPL Financial LLC increased its stake in iShares Currency Hedged MSCI Eurozone ETF by 18.3% during the fourth quarter. LPL Financial LLC now owns 336,267 shares of the company’s stock worth $12,052,000 after purchasing an additional 51,992 shares during the period. Wells Fargo & Company MN increased its stake in iShares Currency Hedged MSCI Eurozone ETF by 49.9% during the fourth quarter. Wells Fargo & Company MN now owns 171,812 shares of the company’s stock worth $6,158,000 after purchasing an additional 57,185 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in iShares Currency Hedged MSCI Eurozone 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 purchasing an additional 98,232 shares during the period. Finally, MML Investors Services LLC increased its stake in iShares Currency Hedged MSCI Eurozone 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 purchasing an additional 3,696 shares during the period.

iShares Currency Hedged MSCI Eurozone ETF Price Performance

Shares of NYSEARCA:HEZU opened at $40.83 on Monday. The firm has a market capitalization of $698.19 million, a PE ratio of 16.09 and a beta of 0.91. The firm’s 50-day moving average is $40.85 and its two-hundred day moving average is $39.51. iShares Currency Hedged MSCI Eurozone ETF has a 1 year low of $32.92 and a 1 year high of $41.74.

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.