NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Sees Unusually-High Trading Volume – Should You Buy?

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) saw unusually-high trading volume on Friday . Approximately 445,299 shares traded hands during trading, an increase of 100% from the previous session’s volume of 222,655 shares.The stock last traded at $30.47 and had previously closed at $30.50.

NYLI FTSE International Equity Currency Neutral ETF Stock Down 0.1%

The business has a 50-day moving average price of $30.00 and a two-hundred day moving average price of $28.76. The firm has a market cap of $1.07 billion, a PE ratio of 15.93 and a beta of 0.79.

Hedge Funds Weigh In On NYLI FTSE International Equity Currency Neutral ETF

Several large investors have recently bought and sold shares of the business. Lodestar Private Asset Management LLC increased its holdings in NYLI FTSE International Equity Currency Neutral ETF by 2.9% in the first quarter. Lodestar Private Asset Management LLC now owns 19,930 shares of the company’s stock valued at $548,000 after buying an additional 563 shares during the last quarter. GGM Financials LLC boosted its stake in NYLI FTSE International Equity Currency Neutral ETF by 1.7% in the first quarter. GGM Financials LLC now owns 39,098 shares of the company’s stock valued at $1,076,000 after acquiring an additional 651 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its stake in NYLI FTSE International Equity Currency Neutral ETF by 1.4% in the second quarter. Steward Partners Investment Advisory LLC now owns 53,253 shares of the company’s stock valued at $1,569,000 after acquiring an additional 723 shares in the last quarter. MTM Investment Management LLC acquired a new position in NYLI FTSE International Equity Currency Neutral ETF in the second quarter valued at $25,000. Finally, Opal Wealth Advisors LLC acquired a new position in NYLI FTSE International Equity Currency Neutral ETF in the first quarter valued at $26,000.

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.