iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Sets New 12-Month High – Time to Buy?

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA)’s stock price reached a new 52-week high on Monday . The stock traded as high as $35.23 and last traded at $36.65, with a volume of 1131588 shares trading hands. The stock had previously closed at $34.83.

iShares Currency Hedged MSCI EAFE ETF Stock Up 5.2 %

The company has a market cap of $7.09 billion, a price-to-earnings ratio of 16.31 and a beta of 0.62. The company’s fifty day moving average price is $35.48 and its two-hundred day moving average price is $35.08.

Institutional Trading of iShares Currency Hedged MSCI EAFE ETF

A number of institutional investors have recently made changes to their positions in the business. Flow Traders U.S. LLC bought a new position in shares of iShares Currency Hedged MSCI EAFE ETF in the 3rd quarter valued at about $23,510,000. Exchange Capital Management Inc. raised its stake in iShares Currency Hedged MSCI EAFE ETF by 0.9% in the fourth quarter. Exchange Capital Management Inc. now owns 305,939 shares of the company’s stock valued at $10,631,000 after buying an additional 2,798 shares during the period. Future Financial Wealth Managment LLC boosted its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 6.0% during the 4th quarter. Future Financial Wealth Managment LLC now owns 112,651 shares of the company’s stock worth $3,915,000 after acquiring an additional 6,333 shares during the period. AdvisorNet Financial Inc increased its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 12.6% during the 4th quarter. AdvisorNet Financial Inc now owns 106,208 shares of the company’s stock worth $3,691,000 after acquiring an additional 11,913 shares during the last quarter. Finally, Cornerstone Planning Group LLC raised its stake in iShares Currency Hedged MSCI EAFE ETF by 1.3% in the 4th quarter. Cornerstone Planning Group LLC now owns 100,673 shares of the company’s stock valued at $3,633,000 after acquiring an additional 1,331 shares during the period.

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.