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

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $35.51 and last traded at $35.47, with a volume of 297725 shares. The stock had previously closed at $35.17.

iShares Currency Hedged MSCI EAFE ETF Stock Down 0.8 %

The company has a market capitalization of $6.79 billion, a PE ratio of 16.31 and a beta of 0.62. The firm has a 50-day moving average of $35.11 and a two-hundred day moving average of $35.04.

Institutional Trading of iShares Currency Hedged MSCI EAFE ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HEFA. Richardson Capital Management LLC boosted its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 891.2% during the 2nd quarter. Richardson Capital Management LLC now owns 902 shares of the company’s stock worth $32,000 after acquiring an additional 811 shares in the last quarter. BNP Paribas Financial Markets boosted its position in iShares Currency Hedged MSCI EAFE ETF by 159.6% during the first quarter. BNP Paribas Financial Markets now owns 1,145 shares of the company’s stock worth $40,000 after purchasing an additional 704 shares in the last quarter. WR Wealth Planners LLC grew its holdings in iShares Currency Hedged MSCI EAFE ETF by 3,009.8% in the second quarter. WR Wealth Planners LLC now owns 1,275 shares of the company’s stock valued at $45,000 after purchasing an additional 1,234 shares during the period. 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, Global Financial Private Client LLC purchased a new stake in shares of iShares Currency Hedged MSCI EAFE ETF in the first quarter valued at approximately $58,000.

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.