Connecticut Wealth Management LLC Lowers Stock Holdings in iShares Currency Hedged MSCI EMU ETF (NYSEARCA:HEZU)

Connecticut Wealth Management LLC cut its holdings in iShares Currency Hedged MSCI EMU ETF (NYSEARCA:HEZU) by 3.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 374,337 shares of the company’s stock after selling 12,215 shares during the quarter. iShares Currency Hedged MSCI EMU ETF accounts for 0.7% of Connecticut Wealth Management LLC’s investment portfolio, making the stock its 28th largest position. Connecticut Wealth Management LLC owned about 3.16% of iShares Currency Hedged MSCI EMU ETF worth $13,580,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Barings LLC increased its holdings in iShares Currency Hedged MSCI EMU ETF by 24.1% in the 2nd quarter. Barings LLC now owns 272,761 shares of the company’s stock worth $9,896,000 after acquiring an additional 53,056 shares in the last quarter. Evolution Wealth Advisors LLC acquired a new position in shares of iShares Currency Hedged MSCI EMU ETF during the 2nd quarter worth about $7,258,000. Prudential PLC purchased a new position in iShares Currency Hedged MSCI EMU ETF in the 2nd quarter valued at about $6,567,000. Envestnet Asset Management Inc. lifted its stake in iShares Currency Hedged MSCI EMU ETF by 8.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 81,181 shares of the company’s stock valued at $2,945,000 after buying an additional 6,454 shares in the last quarter. Finally, Blue Trust Inc. acquired a new stake in iShares Currency Hedged MSCI EMU ETF in the 2nd quarter worth about $697,000.

iShares Currency Hedged MSCI EMU ETF Trading Down 1.5 %

NYSEARCA:HEZU opened at $35.79 on Friday. The firm has a market cap of $424.11 million, a P/E ratio of 16.44 and a beta of 0.73. The stock has a 50 day moving average of $35.38 and a two-hundred day moving average of $36.13. iShares Currency Hedged MSCI EMU ETF has a 12 month low of $29.28 and a 12 month high of $37.81.

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.