NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Sees Unusually-High Trading Volume – Here’s Why

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) shares saw an uptick in trading volume on Thursday . 654,986 shares traded hands during mid-day trading, an increase of 156% from the previous session’s volume of 255,525 shares.The stock last traded at $28.07 and had previously closed at $28.35.

NYLI FTSE International Equity Currency Neutral ETF Trading Down 0.8 %

The company has a market cap of $1.02 billion, a price-to-earnings ratio of 16.70 and a beta of 0.79. The firm’s fifty day moving average price is $27.06 and its 200-day moving average price is $27.00.

Hedge Funds Weigh In On NYLI FTSE International Equity Currency Neutral ETF

Institutional investors have recently bought and sold shares of the business. Advisor Resource Council acquired a new stake in NYLI FTSE International Equity Currency Neutral ETF during the fourth quarter worth about $367,000. Revisor Wealth Management LLC lifted its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 45.2% in the 4th quarter. Revisor Wealth Management LLC now owns 40,510 shares of the company’s stock valued at $1,090,000 after acquiring an additional 12,616 shares during the last quarter. GTS Securities LLC acquired a new stake in shares of NYLI FTSE International Equity Currency Neutral ETF during the 4th quarter valued at $240,000. Redwood Financial Network Corp grew its position in NYLI FTSE International Equity Currency Neutral ETF by 7.4% during the 4th quarter. Redwood Financial Network Corp now owns 41,774 shares of the company’s stock worth $1,089,000 after acquiring an additional 2,893 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new position in NYLI FTSE International Equity Currency Neutral ETF in the 4th quarter worth about $760,000.

About NYLI FTSE International Equity Currency Neutral ETF

The IQ 50 Percent Hedged FTSE International ETF (HFXI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap companies located in developed nations outside of North America, with roughly half of its foreign currency exposure hedged to the USD.