Synergy Investment Management LLC Makes New Investment in iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA)

Synergy Investment Management LLC purchased a new stake in iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) in the fourth quarter, HoldingsChannel reports. The firm purchased 6,887 shares of the company’s stock, valued at approximately $239,000.

Several other hedge funds and other institutional investors have also made changes to their positions in HEFA. Jones Financial Companies Lllp grew its stake in iShares Currency Hedged MSCI EAFE ETF by 21.8% in the 4th quarter. Jones Financial Companies Lllp now owns 65,861 shares of the company’s stock valued at $2,289,000 after acquiring an additional 11,801 shares during the last quarter. Noble Wealth Management PBC purchased a new stake in shares of iShares Currency Hedged MSCI EAFE ETF in the fourth quarter valued at about $52,000. Private Trust Co. NA grew its position in shares of iShares Currency Hedged MSCI EAFE ETF by 25.5% in the fourth quarter. Private Trust Co. NA now owns 3,546 shares of the company’s stock valued at $123,000 after purchasing an additional 721 shares during the last quarter. Exchange Capital Management Inc. increased its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 0.9% during the 4th quarter. Exchange Capital Management Inc. now owns 305,939 shares of the company’s stock worth $10,631,000 after purchasing an additional 2,798 shares in the last quarter. Finally, Richardson Capital Management LLC raised its position in shares of iShares Currency Hedged MSCI EAFE ETF by 409.1% during the 4th quarter. Richardson Capital Management LLC now owns 4,786 shares of the company’s stock worth $166,000 after purchasing an additional 3,846 shares during the last quarter.

iShares Currency Hedged MSCI EAFE ETF Stock Performance

Shares of BATS:HEFA opened at $37.21 on Tuesday. The business’s fifty day moving average price is $35.92 and its two-hundred day moving average price is $35.41. The stock has a market cap of $7.20 billion, a PE ratio of 16.31 and a beta of 0.62. iShares Currency Hedged MSCI EAFE ETF has a one year low of $26.88 and a one year high of $30.88.

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.