iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Sets New 12-Month High – Still a Buy?

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $46.77 and last traded at $46.74, with a volume of 23716 shares trading hands. The stock had previously closed at $46.39.

iShares Currency Hedged MSCI EAFE ETF Stock Up 1.1%

The business has a 50 day moving average of $44.82 and a 200 day moving average of $43.41. The company has a market capitalization of $7.90 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

Institutional investors have recently modified their holdings of the stock. Private Trust Co. NA lifted its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 135.9% in the 4th quarter. Private Trust Co. NA now owns 670 shares of the company’s stock valued at $28,000 after purchasing an additional 386 shares during the last quarter. Millstone Evans Group LLC bought a new stake in shares of iShares Currency Hedged MSCI EAFE ETF in the 4th quarter valued at approximately $29,000. Triumph Capital Management bought a new stake in shares of iShares Currency Hedged MSCI EAFE ETF during the 3rd quarter worth approximately $49,000. Bessemer Group Inc. lifted its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 39.9% during the 1st quarter. Bessemer Group Inc. now owns 1,186 shares of the company’s stock worth $50,000 after acquiring an additional 338 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 5,154.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,944 shares of the company’s stock worth $77,000 after acquiring an additional 1,907 shares during the last quarter.

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.