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

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA)’s share price hit a new 52-week high on Tuesday . The company traded as high as $47.19 and last traded at $47.19, with a volume of 397201 shares. The stock had previously closed at $46.63.

iShares Currency Hedged MSCI EAFE ETF Stock Up 1.1%

The firm has a market cap of $7.95 billion, a price-to-earnings ratio of 15.74 and a beta of 0.67. The business has a 50 day moving average price of $46.17 and a 200-day moving average price of $44.54.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Ameriprise Financial Inc. lifted its holdings in iShares Currency Hedged MSCI EAFE ETF by 14.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,618,320 shares of the company’s stock worth $251,244,000 after buying an additional 848,415 shares in the last quarter. Triumph Capital Management purchased a new stake in shares of iShares Currency Hedged MSCI EAFE ETF during the third quarter worth about $49,000. Sunbelt Securities Inc. increased its position in shares of iShares Currency Hedged MSCI EAFE ETF by 5,154.1% during the third 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. Flagship Harbor Advisors LLC acquired a new position in shares of iShares Currency Hedged MSCI EAFE ETF in the fourth quarter worth about $431,000. Finally, Fifth Third Securities Inc. boosted its holdings in iShares Currency Hedged MSCI EAFE ETF by 33.1% in the fourth quarter. Fifth Third Securities Inc. now owns 21,808 shares of the company’s stock valued at $902,000 after purchasing an additional 5,428 shares during the last quarter.

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.