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

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $47.78 and last traded at $47.78, with a volume of 11750 shares. The stock had previously closed at $47.57.

iShares Currency Hedged MSCI EAFE ETF Stock Up 0.6%

The company’s 50-day moving average is $46.42 and its two-hundred day moving average is $44.76. The company has a market cap of $8.06 billion, a P/E ratio of 15.74 and a beta of 0.67.

Institutional Investors Weigh In On iShares Currency Hedged MSCI EAFE ETF

Several large investors have recently modified their holdings of the stock. Ameriprise Financial Inc. grew its holdings in iShares Currency Hedged MSCI EAFE ETF by 14.7% during the second quarter. Ameriprise Financial Inc. now owns 6,618,320 shares of the company’s stock valued at $251,244,000 after purchasing an additional 848,415 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 304.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 79,142 shares of the company’s stock valued at $3,273,000 after buying an additional 59,550 shares during the period. Crescent Grove Advisors LLC raised its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 28.5% in the fourth quarter. Crescent Grove Advisors LLC now owns 202,951 shares of the company’s stock valued at $8,394,000 after buying an additional 45,035 shares during the period. Osprey Private Wealth LLC purchased a new position in shares of iShares Currency Hedged MSCI EAFE ETF during the 4th quarter valued at $1,433,000. Finally, Immaculate Wealth Management LLC purchased a new position in shares of iShares Currency Hedged MSCI EAFE ETF during the 1st quarter valued at $1,161,000.

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.