iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Hits New 1-Year High – Here’s Why

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) shares reached a new 52-week high on Wednesday . The company traded as high as $44.62 and last traded at $44.6150, with a volume of 33715 shares traded. The stock had previously closed at $44.25.

iShares Currency Hedged MSCI EAFE ETF Price Performance

The stock has a market cap of $7.52 billion, a P/E ratio of 15.74 and a beta of 0.67. The stock’s 50-day moving average is $42.59 and its two-hundred day moving average is $40.89.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in HEFA. Private Trust Co. NA raised its position in shares of iShares Currency Hedged MSCI EAFE ETF by 135.9% in the fourth quarter. Private Trust Co. NA now owns 670 shares of the company’s stock worth $28,000 after acquiring an additional 386 shares during the period. Millstone Evans Group LLC acquired a new stake in shares of iShares Currency Hedged MSCI EAFE ETF during the fourth quarter valued at about $29,000. GPS Wealth Strategies Group LLC raised its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 241.5% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 1,127 shares of the company’s stock valued at $45,000 after acquiring an additional 797 shares during the period. Triumph Capital Management acquired a new position in shares of iShares Currency Hedged MSCI EAFE ETF in the 3rd quarter worth approximately $49,000. Finally, Sunbelt Securities Inc. lifted its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 5,154.1% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,944 shares of the company’s stock worth $77,000 after acquiring an additional 1,907 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.