IQ FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Sees Strong Trading Volume

IQ FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) saw unusually-strong trading volume on Friday . Approximately 235,202 shares traded hands during trading, an increase of 76% from the previous session’s volume of 133,466 shares.The stock last traded at $27.09 and had previously closed at $27.07.

IQ FTSE International Equity Currency Neutral ETF Stock Performance

The firm has a market capitalization of $597.30 million, a PE ratio of 13.81 and a beta of 0.74. The company’s 50 day simple moving average is $26.99 and its 200-day simple moving average is $26.10.

Institutional Trading of IQ FTSE International Equity Currency Neutral ETF

A hedge fund recently raised its stake in IQ FTSE International Equity Currency Neutral ETF stock. Comerica Bank raised its stake in IQ FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) by 18.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,684 shares of the company’s stock after buying an additional 877 shares during the period. Comerica Bank’s holdings in IQ FTSE International Equity Currency Neutral ETF were worth $153,000 at the end of the most recent quarter.

About IQ 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.