iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Reaches New 12-Month High – Here’s What Happened

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $35.23 and last traded at $37.57, with a volume of 1131588 shares trading hands. The stock had previously closed at $34.83.

iShares Currency Hedged MSCI EAFE ETF Stock Up 7.5 %

The firm has a market capitalization of $7.40 billion, a PE ratio of 17.32 and a beta of 0.71. The company has a 50-day moving average of $36.02 and a 200 day moving average of $35.44.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of HEFA. IHT Wealth Management LLC lifted its position in iShares Currency Hedged MSCI EAFE ETF by 0.4% during the third quarter. IHT Wealth Management LLC now owns 89,974 shares of the company’s stock valued at $3,187,000 after purchasing an additional 389 shares during the last quarter. Burkett Financial Services LLC raised its position in shares of iShares Currency Hedged MSCI EAFE ETF by 1.2% during the 4th quarter. Burkett Financial Services LLC now owns 29,784 shares of the company’s stock valued at $1,035,000 after buying an additional 355 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new stake in shares of iShares Currency Hedged MSCI EAFE ETF during the 4th quarter worth $220,000. Private Trust Co. NA grew its position in iShares Currency Hedged MSCI EAFE ETF by 25.5% in the fourth quarter. Private Trust Co. NA now owns 3,546 shares of the company’s stock worth $123,000 after acquiring an additional 721 shares in the last quarter. Finally, Rosenberg Matthew Hamilton purchased a new position in iShares Currency Hedged MSCI EAFE ETF in the fourth quarter worth $42,000.

About iShares Currency Hedged MSCI EAFE ETF

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.