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

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA)’s stock price hit a new 52-week high on Monday . The company traded as high as $35.26 and last traded at $35.16, with a volume of 551658 shares. The stock had previously closed at $35.15.

iShares Currency Hedged MSCI EAFE ETF Trading Down 0.4 %

The company has a market capitalization of $6.74 billion, a PE ratio of 16.31 and a beta of 0.62. The stock’s fifty day moving average is $35.20 and its two-hundred day moving average is $35.10.

Institutional Investors Weigh In On iShares Currency Hedged MSCI EAFE ETF

A number of hedge funds have recently modified their holdings of HEFA. Prime Capital Investment Advisors LLC increased its position in iShares Currency Hedged MSCI EAFE ETF by 212.0% in the second quarter. Prime Capital Investment Advisors LLC now owns 1,854,984 shares of the company’s stock worth $65,954,000 after buying an additional 1,260,530 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in iShares Currency Hedged MSCI EAFE ETF in the 3rd quarter valued at about $23,510,000. TIAA Trust National Association lifted its holdings in iShares Currency Hedged MSCI EAFE ETF by 26.6% during the second quarter. TIAA Trust National Association now owns 1,889,848 shares of the company’s stock valued at $67,194,000 after purchasing an additional 396,558 shares during the last quarter. Valeo Financial Advisors LLC boosted its position in iShares Currency Hedged MSCI EAFE ETF by 63.8% during the second quarter. Valeo Financial Advisors LLC now owns 488,128 shares of the company’s stock worth $17,355,000 after purchasing an additional 190,154 shares during the period. Finally, Liberty Wealth Management LLC increased its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 373.7% in the second quarter. Liberty Wealth Management LLC now owns 209,341 shares of the company’s stock worth $7,444,000 after purchasing an additional 165,151 shares in 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.