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

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) shares reached a new 52-week high during trading on Monday . The company traded as high as $35.39 and last traded at $35.28, with a volume of 848045 shares. The stock had previously closed at $35.06.

iShares Currency Hedged MSCI EAFE ETF Price Performance

The stock has a 50-day moving average price of $35.12 and a 200 day moving average price of $35.10. The firm has a market cap of $6.83 billion, a price-to-earnings ratio of 16.31 and a beta of 0.62.

Institutional Trading of iShares Currency Hedged MSCI EAFE ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. NBC Securities Inc. grew its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 32.8% during the third quarter. NBC Securities Inc. now owns 1,713 shares of the company’s stock worth $60,000 after buying an additional 423 shares during the last quarter. Gilliland Jeter Wealth Management LLC grew its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 73.8% during the second quarter. Gilliland Jeter Wealth Management LLC now owns 1,535 shares of the company’s stock worth $55,000 after buying an additional 652 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of 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 buying an additional 704 shares during the last quarter. Richardson Capital Management LLC grew its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 891.2% during the second quarter. Richardson Capital Management LLC now owns 902 shares of the company’s stock worth $32,000 after buying an additional 811 shares during the last quarter. Finally, ESL Trust Services LLC purchased a new position in shares of iShares Currency Hedged MSCI EAFE ETF during the third quarter worth about $33,000.

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.