iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Reaches New 52-Week High – Should You Buy?

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA)’s stock price reached a new 52-week high on Monday . The stock traded as high as $35.23 and last traded at $37.02, with a volume of 1131588 shares traded. The stock had previously closed at $34.83.

iShares Currency Hedged MSCI EAFE ETF Stock Performance

The stock has a 50 day moving average of $36.43 and a 200-day moving average of $35.58. The company has a market cap of $7.36 billion, a PE ratio of 17.32 and a beta of 0.71.

Hedge Funds Weigh In On iShares Currency Hedged MSCI EAFE ETF

Several institutional investors have recently made changes to their positions in the company. Park Square Financial Group LLC acquired a new position in shares of iShares Currency Hedged MSCI EAFE ETF during the 4th quarter worth about $949,000. Vermillion & White Wealth Management Group LLC raised its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 360.6% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 4,118 shares of the company’s stock valued at $143,000 after acquiring an additional 3,224 shares during the last quarter. BOKF NA raised its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 31.2% during the fourth quarter. BOKF NA now owns 371,151 shares of the company’s stock valued at $12,961,000 after acquiring an additional 88,266 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares Currency Hedged MSCI EAFE ETF by 1.3% in the fourth quarter. Ameriprise Financial Inc. now owns 2,605,566 shares of the company’s stock valued at $90,524,000 after acquiring an additional 34,460 shares in the last quarter. Finally, Keystone Financial Group acquired a new stake in shares of iShares Currency Hedged MSCI EAFE ETF in the fourth quarter worth approximately $6,151,000.

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.