iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) Stock Price Up 2.2% – Here’s Why

iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX)’s stock price traded up 2.2% on Wednesday . The stock traded as high as $44.72 and last traded at $44.69. 23,764 shares were traded during mid-day trading, a decline of 13% from the average session volume of 27,304 shares. The stock had previously closed at $43.71.

iShares Currency Hedged MSCI ACWI ex U.S. ETF Price Performance

The firm’s 50 day moving average is $42.10 and its two-hundred day moving average is $40.88. The firm has a market capitalization of $341.43 million, a P/E ratio of 15.74 and a beta of 0.51.

Hedge Funds Weigh In On iShares Currency Hedged MSCI ACWI ex U.S. ETF

Several hedge funds and other institutional investors have recently made changes to their positions in HAWX. NewEdge Advisors LLC grew its stake in shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF by 15.2% in the second quarter. NewEdge Advisors LLC now owns 217,635 shares of the company’s stock valued at $7,693,000 after buying an additional 28,659 shares in the last quarter. Partners Capital Investment Group LLP lifted its holdings in iShares Currency Hedged MSCI ACWI ex U.S. ETF by 6.1% during the 3rd quarter. Partners Capital Investment Group LLP now owns 421,211 shares of the company’s stock valued at $15,928,000 after purchasing an additional 24,155 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in iShares Currency Hedged MSCI ACWI ex U.S. ETF by 31.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,945 shares of the company’s stock valued at $74,000 after purchasing an additional 460 shares during the last quarter. Finally, Nova Wealth Management Inc. lifted its holdings in iShares Currency Hedged MSCI ACWI ex U.S. ETF by 559.1% during the 4th quarter. Nova Wealth Management Inc. now owns 13,992 shares of the company’s stock valued at $552,000 after purchasing an additional 11,869 shares during the last quarter.

About iShares Currency Hedged MSCI ACWI ex U.S. ETF

The iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of global large- and mid-cap stocks outside the US, hedged against movements in the underlying currencies for US investors. HAWX was launched on Jun 29, 2015 and is managed by BlackRock.