NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Sets New 12-Month High – Still a Buy?

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $28.27 and last traded at $27.97, with a volume of 140119 shares trading hands. The stock had previously closed at $27.82.

NYLI FTSE International Equity Currency Neutral ETF Stock Up 1.7 %

The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 16.70 and a beta of 0.79. The business has a 50-day moving average of $27.02 and a 200-day moving average of $26.99.

Institutional Trading of NYLI FTSE International Equity Currency Neutral ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC lifted its position in shares of NYLI FTSE International Equity Currency Neutral ETF by 497.3% in the third quarter. Jane Street Group LLC now owns 83,573 shares of the company’s stock worth $2,310,000 after buying an additional 69,582 shares during the last quarter. FMR LLC lifted its position in shares of NYLI FTSE International Equity Currency Neutral ETF by 349.8% in the third quarter. FMR LLC now owns 3,999 shares of the company’s stock worth $111,000 after buying an additional 3,110 shares during the last quarter. Covenant Asset Management LLC lifted its position in shares of NYLI FTSE International Equity Currency Neutral ETF by 5.2% in the third quarter. Covenant Asset Management LLC now owns 8,967 shares of the company’s stock worth $248,000 after buying an additional 447 shares during the last quarter. Concurrent Investment Advisors LLC increased its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 4.8% in the fourth quarter. Concurrent Investment Advisors LLC now owns 198,361 shares of the company’s stock worth $5,169,000 after purchasing an additional 9,003 shares during the period. Finally, GGM Financials LLC increased its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 24.5% in the fourth quarter. GGM Financials LLC now owns 38,447 shares of the company’s stock worth $1,002,000 after purchasing an additional 7,564 shares during the period.

About NYLI FTSE International Equity Currency Neutral ETF

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.