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

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 $35.39 and last traded at $35.28, with a volume of 848045 shares changing hands. The stock had previously closed at $35.06.

iShares Currency Hedged MSCI EAFE ETF Price Performance

The company has a market cap of $6.73 billion, a P/E ratio of 16.31 and a beta of 0.62. The company has a fifty day simple moving average of $35.11 and a 200-day simple moving average of $35.10.

Institutional Trading of iShares Currency Hedged MSCI EAFE ETF

Several large investors have recently added to or reduced their stakes in HEFA. BNP Paribas Financial Markets raised its stake in iShares Currency Hedged MSCI EAFE ETF by 159.6% during the 1st quarter. BNP Paribas Financial Markets now owns 1,145 shares of the company’s stock valued at $40,000 after purchasing an additional 704 shares during the period. Dorsey & Whitney Trust CO LLC increased its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 166.3% in the first quarter. Dorsey & Whitney Trust CO LLC now owns 20,816 shares of the company’s stock worth $726,000 after acquiring an additional 13,000 shares during the last quarter. TIAA Trust National Association increased its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 69.3% in the first quarter. TIAA Trust National Association now owns 1,493,290 shares of the company’s stock worth $52,086,000 after acquiring an additional 611,299 shares during the last quarter. Burns Matteson Capital Management LLC acquired a new position in shares of iShares Currency Hedged MSCI EAFE ETF in the first quarter worth $569,000. Finally, Flow Traders U.S. LLC increased its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 393.5% in the first quarter. Flow Traders U.S. LLC now owns 170,953 shares of the company’s stock worth $5,963,000 after acquiring an additional 136,313 shares during the last quarter.

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.