iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) Trading Down 0.7% – Here’s What Happened

iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ)’s stock price dropped 0.7% during trading on Tuesday . The stock traded as low as $32.45 and last traded at $32.49. Approximately 7,479 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 19,290 shares. The stock had previously closed at $32.71.

iShares Currency Hedged MSCI EAFE Small-Cap ETF Trading Down 0.1 %

The firm has a 50-day simple moving average of $31.92 and a two-hundred day simple moving average of $31.79. The company has a market capitalization of $134.55 million, a price-to-earnings ratio of 13.63 and a beta of 0.64.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares Currency Hedged MSCI EAFE Small-Cap ETF stock. Certified Advisory Corp grew its position in shares of iShares Currency Hedged MSCI EAFE Small-Cap ETF (NYSEARCA:HSCZ) by 2.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,259 shares of the company’s stock after purchasing an additional 1,032 shares during the quarter. Certified Advisory Corp owned approximately 0.95% of iShares Currency Hedged MSCI EAFE Small-Cap ETF worth $1,254,000 as of its most recent SEC filing.

About iShares Currency Hedged MSCI EAFE Small-Cap ETF

The iShares Currency Hedged MSCI EAFE Small-Cap ETF (HSCZ) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of small-cap stocks from developed markets outside the US and Canada, hedged against movements in the underlying currencies for US investors. HSCZ was launched on Jul 1, 2015 and is managed by BlackRock.