iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Hits New 12-Month High – Time to Buy?

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $35.81 and last traded at $35.80, with a volume of 361561 shares trading hands. The stock had previously closed at $35.76.

iShares Currency Hedged MSCI EAFE ETF Stock Up 0.1 %

The firm’s 50-day moving average price is $35.24 and its 200 day moving average price is $35.08. The firm has a market cap of $6.93 billion, a P/E ratio of 16.31 and a beta of 0.62.

Hedge Funds Weigh In On iShares Currency Hedged MSCI EAFE ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. TIAA Trust National Association boosted its position in iShares Currency Hedged MSCI EAFE ETF by 26.6% during the 2nd quarter. TIAA Trust National Association now owns 1,889,848 shares of the company’s stock worth $67,194,000 after acquiring an additional 396,558 shares during the period. Prime Capital Investment Advisors LLC increased its stake in iShares Currency Hedged MSCI EAFE ETF by 212.0% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 1,854,984 shares of the company’s stock valued at $65,954,000 after buying an additional 1,260,530 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of iShares Currency Hedged MSCI EAFE ETF during the 3rd quarter worth about $23,510,000. Valeo Financial Advisors LLC raised its position in shares of iShares Currency Hedged MSCI EAFE ETF by 0.3% during the 3rd quarter. Valeo Financial Advisors LLC now owns 489,540 shares of the company’s stock worth $17,340,000 after buying an additional 1,412 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 2.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 377,512 shares of the company’s stock worth $13,462,000 after acquiring an additional 10,403 shares during the period.

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.