iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Sets New 52-Week High – Here’s Why

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) hit a new 52-week high on Monday . The company traded as high as $34.89 and last traded at $34.81, with a volume of 825490 shares traded. The stock had previously closed at $34.80.

iShares Currency Hedged MSCI EAFE ETF Price Performance

The company has a market capitalization of $6.73 billion, a PE ratio of 16.31 and a beta of 0.62. The firm has a 50-day moving average of $35.14 and a 200 day moving average of $35.11.

Institutional Trading of iShares Currency Hedged MSCI EAFE ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. IHT Wealth Management LLC increased its stake in iShares Currency Hedged MSCI EAFE ETF by 0.4% in the 3rd quarter. IHT Wealth Management LLC now owns 89,974 shares of the company’s stock worth $3,187,000 after buying an additional 389 shares in the last quarter. NBC Securities Inc. raised its position 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 valued at $60,000 after buying an additional 423 shares during the last quarter. Gilliland Jeter Wealth Management LLC lifted its holdings 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 worth $55,000 after buying an additional 652 shares in the last quarter. BNP Paribas Financial Markets boosted its position 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 acquiring an additional 704 shares during the last quarter. Finally, Richardson Capital Management LLC grew its stake in 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 valued at $32,000 after acquiring an additional 811 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.