iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Sets New 12-Month High – Should You Buy?

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA)’s stock price hit a new 52-week high during mid-day trading 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 Up 6.6 %

The firm’s 50-day moving average is $36.34 and its 200-day moving average is $35.55. The company has a market capitalization of $7.33 billion, a PE ratio of 17.32 and a beta of 0.71.

Institutional Trading of iShares Currency Hedged MSCI EAFE ETF

Several institutional investors have recently added to or reduced their stakes in HEFA. Collier Financial bought a new position in iShares Currency Hedged MSCI EAFE ETF in the fourth quarter worth about $26,000. Rosenberg Matthew Hamilton bought a new stake in shares of iShares Currency Hedged MSCI EAFE ETF during the fourth quarter valued at approximately $42,000. Noble Wealth Management PBC purchased a new stake in iShares Currency Hedged MSCI EAFE ETF in the fourth quarter worth approximately $52,000. Golden State Wealth Management LLC purchased a new stake in iShares Currency Hedged MSCI EAFE ETF in the fourth quarter worth approximately $78,000. Finally, Private Trust Co. NA boosted its holdings in iShares Currency Hedged MSCI EAFE ETF by 25.5% in the fourth quarter. Private Trust Co. NA now owns 3,546 shares of the company’s stock worth $123,000 after purchasing an additional 721 shares during the last quarter.

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.