NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Sees Unusually-High Trading Volume – Time to Buy?

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) shares saw unusually-high trading volume on Friday . Approximately 484,125 shares changed hands during mid-day trading, an increase of 73% from the previous session’s volume of 279,920 shares.The stock last traded at $33.53 and had previously closed at $33.33.

NYLI FTSE International Equity Currency Neutral ETF Stock Up 1.0%

The firm has a market capitalization of $1.23 billion, a PE ratio of 15.93 and a beta of 0.74. The firm’s 50-day moving average price is $32.32 and its two-hundred day moving average price is $31.14.

Institutional Trading of NYLI FTSE International Equity Currency Neutral ETF

Several institutional investors have recently bought and sold shares of HFXI. Wealth Enhancement Advisory Services LLC bought a new position in NYLI FTSE International Equity Currency Neutral ETF in the 2nd quarter valued at about $5,888,000. JNBA Financial Advisors acquired a new stake in NYLI FTSE International Equity Currency Neutral ETF in the second quarter valued at approximately $44,000. Rockefeller Capital Management L.P. grew its holdings in NYLI FTSE International Equity Currency Neutral ETF by 72.9% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 117,479 shares of the company’s stock worth $3,462,000 after acquiring an additional 49,541 shares during the last quarter. Capital Investment Advisors LLC acquired a new stake in NYLI FTSE International Equity Currency Neutral ETF during the 2nd quarter worth about $568,000. Finally, Marino Stram & Associates LLC increased its holdings in NYLI FTSE International Equity Currency Neutral ETF by 36.3% in the second quarter. Marino Stram & Associates LLC now owns 225,840 shares of the company’s stock worth $6,655,000 after purchasing an additional 60,113 shares in the last quarter.

NYLI FTSE International Equity Currency Neutral ETF Company Profile

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. HFXI was launched on Jul 22, 2015 and is managed by IndexIQ.