NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Hits New 12-Month High – Should You Buy?

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $28.02 and last traded at $27.93, with a volume of 10670 shares. The stock had previously closed at $27.95.

NYLI FTSE International Equity Currency Neutral ETF Stock Down 0.1 %

The firm has a market capitalization of $614.02 million, a PE ratio of 13.81 and a beta of 0.74. The company’s 50-day simple moving average is $26.70 and its 200 day simple moving average is $26.83.

Institutional Trading of NYLI FTSE International Equity Currency Neutral ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. MML Investors Services LLC increased its position in NYLI FTSE International Equity Currency Neutral ETF by 124.8% during the 4th quarter. MML Investors Services LLC now owns 70,815 shares of the company’s stock valued at $1,845,000 after buying an additional 39,320 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of NYLI FTSE International Equity Currency Neutral ETF by 0.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 67,881 shares of the company’s stock valued at $1,769,000 after acquiring an additional 403 shares in the last quarter. Cerity Partners LLC boosted its stake in NYLI FTSE International Equity Currency Neutral ETF by 30.8% in the 4th quarter. Cerity Partners LLC now owns 558,869 shares of the company’s stock worth $14,564,000 after purchasing an additional 131,696 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in NYLI FTSE International Equity Currency Neutral ETF by 48.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 119,297 shares of the company’s stock worth $3,109,000 after purchasing an additional 38,955 shares in the last quarter. Finally, Thoroughbred Financial Services LLC increased its stake in NYLI FTSE International Equity Currency Neutral ETF by 1.1% during the 4th quarter. Thoroughbred Financial Services LLC now owns 74,286 shares of the company’s stock valued at $1,935,000 after purchasing an additional 804 shares in the last quarter.

NYLI FTSE International Equity Currency Neutral ETF Company Profile

The IQ 50 Percent Hedged FTSE International ETF (HFXI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap companies located in developed nations outside of North America, with roughly half of its foreign currency exposure hedged to the USD.