iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Hits New 1-Year High – What’s Next?

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) shares hit a new 52-week high on Thursday . The stock traded as high as $35.23 and last traded at $35.28, with a volume of 1131588 shares traded. The stock had previously closed at $34.83.

iShares Currency Hedged MSCI EAFE ETF Trading Up 1.2 %

The firm has a market cap of $6.82 billion, a P/E ratio of 16.31 and a beta of 0.62. The firm has a 50-day simple moving average of $35.10 and a 200-day simple moving average of $35.00.

Hedge Funds Weigh In On iShares Currency Hedged MSCI EAFE ETF

A number of large investors have recently added to or reduced their stakes in HEFA. Flow Traders U.S. LLC purchased a new stake in iShares Currency Hedged MSCI EAFE ETF during the third quarter valued at approximately $23,510,000. One Capital Management LLC purchased a new stake in shares of iShares Currency Hedged MSCI EAFE ETF during the 2nd quarter valued at $517,000. Canopy Partners LLC acquired a new stake in shares of iShares Currency Hedged MSCI EAFE ETF in the 3rd quarter worth $435,000. AdvisorNet Financial Inc grew its stake in 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 buying an additional 11,913 shares during the last quarter. Finally, Burns Matteson Capital Management LLC grew its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 31.3% during the third quarter. Burns Matteson Capital Management LLC now owns 30,513 shares of the company’s stock worth $1,081,000 after acquiring an additional 7,273 shares during the last quarter.

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.