iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Hits New 52-Week High – Time to Buy?

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $35.23 and last traded at $35.86, with a volume of 1131588 shares traded. The stock had previously closed at $34.83.

iShares Currency Hedged MSCI EAFE ETF Stock Up 3.7 %

The business’s 50-day moving average price is $35.16 and its 200-day moving average price is $35.00. The firm has a market capitalization of $6.99 billion, a PE ratio of 16.31 and a beta of 0.62.

Institutional Trading of iShares Currency Hedged MSCI EAFE ETF

Hedge funds have recently made changes to their positions in the stock. Flow Traders U.S. LLC bought a new position in iShares Currency Hedged MSCI EAFE ETF during the third quarter valued at approximately $23,510,000. Canopy Partners LLC bought a new position in iShares Currency Hedged MSCI EAFE ETF during the third quarter valued at approximately $435,000. AdvisorNet Financial Inc raised its position in iShares Currency Hedged MSCI EAFE ETF by 12.6% during the fourth quarter. AdvisorNet Financial Inc now owns 106,208 shares of the company’s stock valued at $3,691,000 after acquiring an additional 11,913 shares in the last quarter. Burns Matteson Capital Management LLC raised its position in iShares Currency Hedged MSCI EAFE ETF by 31.3% during the third quarter. Burns Matteson Capital Management LLC now owns 30,513 shares of the company’s stock valued at $1,081,000 after acquiring an additional 7,273 shares in the last quarter. Finally, Future Financial Wealth Managment LLC raised its position in iShares Currency Hedged MSCI EAFE ETF by 7.2% during the third quarter. Future Financial Wealth Managment LLC now owns 106,318 shares of the company’s stock valued at $3,766,000 after acquiring an additional 7,110 shares in the last quarter.

About iShares Currency Hedged MSCI EAFE ETF

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.