iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Sets New 1-Year High – Time to Buy?

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) shares reached a new 52-week high on Monday . The company traded as high as $35.51 and last traded at $35.47, with a volume of 297725 shares traded. The stock had previously closed at $35.17.

iShares Currency Hedged MSCI EAFE ETF Price Performance

The company has a market cap of $6.79 billion, a P/E ratio of 16.31 and a beta of 0.62. The stock’s 50-day moving average price is $35.11 and its 200-day moving average price is $35.04.

Hedge Funds Weigh In On iShares Currency Hedged MSCI EAFE ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. NBC Securities Inc. grew its stake in iShares Currency Hedged MSCI EAFE ETF by 32.8% during the 3rd quarter. NBC Securities Inc. now owns 1,713 shares of the company’s stock worth $60,000 after buying an additional 423 shares during the last quarter. Gilliland Jeter Wealth Management LLC boosted its holdings in iShares Currency Hedged MSCI EAFE ETF by 73.8% in the second quarter. Gilliland Jeter Wealth Management LLC now owns 1,535 shares of the company’s stock worth $55,000 after acquiring an additional 652 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 159.6% during the first quarter. BNP Paribas Financial Markets now owns 1,145 shares of the company’s stock worth $40,000 after acquiring an additional 704 shares during the last quarter. Richardson Capital Management LLC increased its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 891.2% during the second quarter. Richardson Capital Management LLC now owns 902 shares of the company’s stock valued at $32,000 after acquiring an additional 811 shares in the last quarter. Finally, WR Wealth Planners LLC raised its position in shares of iShares Currency Hedged MSCI EAFE ETF by 3,009.8% in the 2nd quarter. WR Wealth Planners LLC now owns 1,275 shares of the company’s stock valued at $45,000 after purchasing an additional 1,234 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.