iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Reaches New 1-Year High – Should You Buy?

Shares of iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $35.20 and last traded at $34.92, with a volume of 408339 shares trading hands. The stock had previously closed at $35.02.

iShares Currency Hedged MSCI EAFE ETF Trading Down 0.3 %

The company has a market capitalization of $6.76 billion, a price-to-earnings ratio of 16.31 and a beta of 0.62. The stock’s fifty day simple moving average is $35.12 and its 200-day simple moving average is $35.06.

Hedge Funds Weigh In On iShares Currency Hedged MSCI EAFE ETF

Several hedge funds have recently made changes to their positions in HEFA. ESL Trust Services LLC purchased a new position in iShares Currency Hedged MSCI EAFE ETF in the 3rd quarter valued at $33,000. NBC Securities Inc. lifted its holdings in iShares Currency Hedged MSCI EAFE ETF by 32.8% in the third quarter. NBC Securities Inc. now owns 1,713 shares of the company’s stock valued at $60,000 after acquiring an additional 423 shares during the period. Burns Matteson Capital Management LLC boosted its position in shares of iShares Currency Hedged MSCI EAFE ETF by 31.3% during the 3rd quarter. Burns Matteson Capital Management LLC now owns 30,513 shares of the company’s stock worth $1,081,000 after purchasing an additional 7,273 shares in the last quarter. Valeo Financial Advisors LLC lifted its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 0.3% in the third quarter. Valeo Financial Advisors LLC now owns 489,540 shares of the company’s stock valued at $17,340,000 after purchasing an additional 1,412 shares during the period. Finally, First PREMIER Bank purchased a new position in shares of iShares Currency Hedged MSCI EAFE ETF in the third quarter valued at $63,000.

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.