iShares Currency Hedged MSCI United Kingdom ETF
HEWU
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Jul 20, 2015
- CIK
- 0001100663
- Similar Companies
- Business
- iShares Currency Hedged MSCI United Kingdom ETF (HEWU) seeks to track the investment results of an index composed of large- and mid-capitalization UK equities while mitigating exposure to fluctuations between the British Pound and the U.S. dollar. The fund follows the MSCI United Kingdom 100% Hedged to USD Index, which hedges currency risk by selling GBP forward at the one-month forward rate against the USD; it primarily invests in the iShares MSCI United Kingdom ETF (EWU) or similar instruments to achieve its objectives. Launched on June 29, 2015, and managed by BlackRock Fund Advisors under the iShares brand, the ETF targets investors seeking UK market exposure without GBP currency volatility, with operations listed on NYSE Arca and available to U.S. investors globally. In a significant operational change, BlackRock announced the closure of HEWU in August 2023 as part of product updates to five U.S.-listed ETFs, with trading ceasing after market close on October 30, 2023, followed by liquidation of holdings and cash distributions to shareholders around November 2, 2023. The decision stemmed from ongoing reviews and client feedback to align with evolving market needs; post-closure, the fund is no longer active, and investors received proceeds via final distributions. No recent partnerships, funding rounds, acquisitions, or new product launches were reported prior to closure, marking the end of its operations within the Europe equities segment.