Bank of New York Mellon Corp Invests $206,000 in iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU)

Bank of New York Mellon Corp bought a new position in shares of iShares Currency Hedged MSCI Eurozone ETF (NYSEARCA:HEZU) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 5,275 shares of the company’s stock, valued at approximately $206,000.

Several other hedge funds have also modified their holdings of HEZU. Strategic Blueprint LLC acquired a new position in shares of iShares Currency Hedged MSCI Eurozone ETF during the 1st quarter worth about $213,000. Deutsche Bank AG lifted its stake in iShares Currency Hedged MSCI Eurozone ETF by 364.9% in the 4th quarter. Deutsche Bank AG now owns 8,600 shares of the company’s stock valued at $308,000 after buying an additional 6,750 shares in the last quarter. Cypress Wealth Services LLC purchased a new position in iShares Currency Hedged MSCI Eurozone ETF in the 1st quarter valued at about $318,000. TSA Wealth Managment LLC purchased a new position in iShares Currency Hedged MSCI Eurozone ETF in the 1st quarter valued at about $456,000. Finally, GTS Securities LLC purchased a new position in iShares Currency Hedged MSCI Eurozone ETF in the 4th quarter valued at about $732,000.

iShares Currency Hedged MSCI Eurozone ETF Stock Performance

Shares of HEZU opened at $40.10 on Wednesday. iShares Currency Hedged MSCI Eurozone ETF has a one year low of $33.34 and a one year high of $41.74. The stock has a market capitalization of $685.71 million, a price-to-earnings ratio of 16.09 and a beta of 0.91. The stock has a 50 day moving average price of $40.73 and a 200 day moving average price of $39.66.

iShares Currency Hedged MSCI Eurozone ETF 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.