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

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 $35.23 and last traded at $36.80, with a volume of 1131588 shares. The stock had previously closed at $34.83.

iShares Currency Hedged MSCI EAFE ETF Trading Up 6.2 %

The business has a fifty day moving average of $35.80 and a 200-day moving average of $35.34. The company has a market cap of $7.16 billion, a PE ratio of 16.31 and a beta of 0.62.

Hedge Funds Weigh In On iShares Currency Hedged MSCI EAFE ETF

Several hedge funds have recently made changes to their positions in the business. Vermillion & White Wealth Management Group LLC lifted its stake in iShares Currency Hedged MSCI EAFE ETF by 360.6% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 4,118 shares of the company’s stock worth $143,000 after acquiring an additional 3,224 shares during the period. BOKF NA lifted its position in shares of iShares Currency Hedged MSCI EAFE ETF by 31.2% in the 4th quarter. BOKF NA now owns 371,151 shares of the company’s stock worth $12,961,000 after purchasing an additional 88,266 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 1.3% during the 4th quarter. Ameriprise Financial Inc. now owns 2,605,566 shares of the company’s stock valued at $90,524,000 after purchasing an additional 34,460 shares in the last quarter. Keystone Financial Group purchased a new position in shares of iShares Currency Hedged MSCI EAFE ETF during the fourth quarter valued at about $6,151,000. Finally, Titleist Asset Management LLC raised its stake in iShares Currency Hedged MSCI EAFE ETF by 3.1% in the fourth quarter. Titleist Asset Management LLC now owns 118,270 shares of the company’s stock worth $4,110,000 after buying an additional 3,604 shares in 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.