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

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $35.23 and last traded at $37.02, with a volume of 1131588 shares trading hands. The stock had previously closed at $34.83.

iShares Currency Hedged MSCI EAFE ETF Trading Up 6.6 %

The company has a market cap of $7.33 billion, a PE ratio of 17.32 and a beta of 0.71. The firm’s fifty day moving average is $36.34 and its 200 day moving average is $35.55.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of HEFA. Park Square Financial Group LLC acquired a new stake in shares of iShares Currency Hedged MSCI EAFE ETF during the fourth quarter worth about $949,000. Vermillion & White Wealth Management Group LLC raised its holdings in iShares Currency Hedged MSCI EAFE ETF by 360.6% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 4,118 shares of the company’s stock valued at $143,000 after acquiring an additional 3,224 shares in the last quarter. BOKF NA raised its holdings in iShares Currency Hedged MSCI EAFE ETF by 31.2% in the fourth quarter. BOKF NA now owns 371,151 shares of the company’s stock valued at $12,961,000 after acquiring an additional 88,266 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in iShares Currency Hedged MSCI EAFE ETF by 1.3% in the fourth quarter. Ameriprise Financial Inc. now owns 2,605,566 shares of the company’s stock valued at $90,524,000 after acquiring an additional 34,460 shares in the last quarter. Finally, Keystone Financial Group acquired a new stake in iShares Currency Hedged MSCI EAFE ETF in the fourth quarter valued at approximately $6,151,000.

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.