iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Trading 0.3% Higher – Still a Buy?

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) shares were up 0.3% during trading on Tuesday . The stock traded as high as $46.47 and last traded at $46.21. Approximately 360,161 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 703,135 shares. The stock had previously closed at $46.09.

iShares Currency Hedged MSCI EAFE ETF Stock Performance

The stock has a market cap of $7.79 billion, a price-to-earnings ratio of 15.74 and a beta of 0.67. The stock’s 50-day simple moving average is $45.76 and its two-hundred day simple moving average is $44.12.

Hedge Funds Weigh In On iShares Currency Hedged MSCI EAFE ETF

A number of institutional investors have recently made changes to their positions in the business. Private Trust Co. NA boosted its stake in iShares Currency Hedged MSCI EAFE ETF by 135.9% during 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 period. Millstone Evans Group LLC bought a new position in iShares Currency Hedged MSCI EAFE ETF in the 4th quarter worth approximately $29,000. Triumph Capital Management acquired a new position in shares of iShares Currency Hedged MSCI EAFE ETF during the third quarter worth approximately $49,000. Bessemer Group Inc. lifted its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 39.9% during the first quarter. Bessemer Group Inc. now owns 1,186 shares of the company’s stock worth $50,000 after buying an additional 338 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its position in shares of iShares Currency Hedged MSCI EAFE ETF by 5,154.1% in the third quarter. Sunbelt Securities Inc. now owns 1,944 shares of the company’s stock valued at $77,000 after acquiring an additional 1,907 shares during the period.

About iShares Currency Hedged MSCI EAFE ETF

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.