iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Reaches New 12-Month High – What’s Next?

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) shares reached a new 52-week high on Monday . The company traded as high as $35.75 and last traded at $35.52, with a volume of 431486 shares traded. The stock had previously closed at $35.64.

iShares Currency Hedged MSCI EAFE ETF Price Performance

The firm has a market cap of $6.87 billion, a price-to-earnings ratio of 16.31 and a beta of 0.62. The stock has a 50-day moving average of $35.28 and a 200-day moving average of $35.09.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Richardson Capital Management LLC lifted its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 891.2% in the 2nd quarter. Richardson Capital Management LLC now owns 902 shares of the company’s stock valued at $32,000 after acquiring an additional 811 shares during the last quarter. ESL Trust Services LLC purchased a new stake in iShares Currency Hedged MSCI EAFE ETF in the third quarter valued at approximately $33,000. WR Wealth Planners LLC boosted its position in iShares Currency Hedged MSCI EAFE ETF by 3,009.8% in the 2nd quarter. WR Wealth Planners LLC now owns 1,275 shares of the company’s stock worth $45,000 after purchasing an additional 1,234 shares in the last quarter. Gilliland Jeter Wealth Management LLC increased its position in shares of iShares Currency Hedged MSCI EAFE ETF by 73.8% in the second quarter. Gilliland Jeter Wealth Management LLC now owns 1,535 shares of the company’s stock valued at $55,000 after buying an additional 652 shares in the last quarter. Finally, NBC Securities Inc. raised its position in shares of iShares Currency Hedged MSCI EAFE ETF by 32.8% in the third quarter. NBC Securities Inc. now owns 1,713 shares of the company’s stock valued at $60,000 after buying an additional 423 shares during the last quarter.

iShares Currency Hedged MSCI EAFE ETF Company Profile

The iShares Currency Hedged MSCI EAFE ETF (HEFA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted, USD-hedged index of large- and mid-cap stocks from developed countries outside the US and Canada. HEFA was launched on Jan 31, 2014 and is managed by BlackRock.