NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Sets New 1-Year High – Still a Buy?

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $29.02 and last traded at $28.93, with a volume of 203617 shares trading hands. The stock had previously closed at $28.84.

NYLI FTSE International Equity Currency Neutral ETF Trading Up 0.1%

The firm has a market capitalization of $998.98 million, a P/E ratio of 15.30 and a beta of 0.73. The firm has a 50 day moving average price of $27.46 and a 200-day moving average price of $27.10.

Institutional Investors Weigh In On NYLI FTSE International Equity Currency Neutral ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Opal Wealth Advisors LLC bought a new stake in NYLI FTSE International Equity Currency Neutral ETF during the 1st quarter valued at $26,000. MRP Capital Investments LLC purchased a new position in shares of NYLI FTSE International Equity Currency Neutral ETF in the 1st quarter valued at $110,000. Independent Wealth Network Inc. purchased a new position in shares of NYLI FTSE International Equity Currency Neutral ETF in the 4th quarter valued at $220,000. GTS Securities LLC purchased a new position in shares of NYLI FTSE International Equity Currency Neutral ETF in the 4th quarter valued at $240,000. Finally, Advisor Resource Council purchased a new position in shares of NYLI FTSE International Equity Currency Neutral ETF in the 4th quarter valued at $367,000.

About NYLI FTSE International Equity Currency Neutral ETF

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.