iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Sets New 12-Month High – What’s Next?

Shares of iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) hit a new 52-week high on Monday . The stock traded as high as $35.23 and last traded at $35.95, with a volume of 1131588 shares traded. The stock had previously closed at $34.83.

iShares Currency Hedged MSCI EAFE ETF Price Performance

The company has a market cap of $6.98 billion, a PE ratio of 16.31 and a beta of 0.62. The company’s 50 day simple moving average is $35.35 and its two-hundred day simple moving average is $35.03.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. IHT Wealth Management LLC boosted its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 0.4% in 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 period. Burkett Financial Services LLC lifted its stake in iShares Currency Hedged MSCI EAFE ETF by 1.2% in the fourth quarter. Burkett Financial Services LLC now owns 29,784 shares of the company’s stock worth $1,035,000 after acquiring an additional 355 shares during the last quarter. Kingswood Wealth Advisors LLC purchased a new position in iShares Currency Hedged MSCI EAFE ETF in the fourth quarter worth approximately $220,000. Cornerstone Planning Group LLC lifted its stake in iShares Currency Hedged MSCI EAFE ETF by 1.6% in the third quarter. Cornerstone Planning Group LLC now owns 99,342 shares of the company’s stock worth $3,514,000 after acquiring an additional 1,539 shares during the last quarter. Finally, Rosenberg Matthew Hamilton purchased a new position in iShares Currency Hedged MSCI EAFE ETF in the fourth quarter worth approximately $42,000.

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.