Independent Wealth Network Inc. Makes New $220,000 Investment in NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI)

Independent Wealth Network Inc. purchased a new position in NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,445 shares of the company’s stock, valued at approximately $220,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of HFXI. Sanctuary Advisors LLC boosted its position in NYLI FTSE International Equity Currency Neutral ETF by 6,635.1% in the 3rd quarter. Sanctuary Advisors LLC now owns 1,412,425 shares of the company’s stock valued at $37,472,000 after buying an additional 1,391,454 shares during the period. Mason & Associates Inc raised its holdings in shares of NYLI FTSE International Equity Currency Neutral ETF by 8.4% in the fourth quarter. Mason & Associates Inc now owns 431,778 shares of the company’s stock valued at $11,252,000 after acquiring an additional 33,316 shares in the last quarter. Cerity Partners LLC raised its holdings in shares of NYLI FTSE International Equity Currency Neutral ETF by 27.0% in the third quarter. Cerity Partners LLC now owns 427,173 shares of the company’s stock valued at $11,807,000 after acquiring an additional 90,939 shares in the last quarter. Aspire Wealth Management Corp grew its holdings in NYLI FTSE International Equity Currency Neutral ETF by 23.2% during the 3rd quarter. Aspire Wealth Management Corp now owns 224,755 shares of the company’s stock worth $6,212,000 after acquiring an additional 42,278 shares in the last quarter. Finally, Systelligence LLC purchased a new position in NYLI FTSE International Equity Currency Neutral ETF during the 3rd quarter valued at about $5,751,000.

NYLI FTSE International Equity Currency Neutral ETF Stock Performance

NYSEARCA:HFXI opened at $27.07 on Friday. The firm has a 50-day simple moving average of $26.44 and a 200-day simple moving average of $26.81. NYLI FTSE International Equity Currency Neutral ETF has a one year low of $24.72 and a one year high of $28.02. The firm has a market cap of $595.54 million, a P/E ratio of 13.81 and a beta of 0.74.

About NYLI FTSE International Equity Currency Neutral ETF

The IQ 50 Percent Hedged FTSE International ETF (HFXI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap companies located in developed nations outside of North America, with roughly half of its foreign currency exposure hedged to the USD.