iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Sets New 1-Year High – What’s Next?

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) shares reached a new 52-week high on Tuesday . The stock traded as high as $47.18 and last traded at $47.12, with a volume of 382789 shares trading hands. The stock had previously closed at $46.96.

iShares Currency Hedged MSCI EAFE ETF Price Performance

The company has a market capitalization of $7.81 billion, a P/E ratio of 15.74 and a beta of 0.67. The stock’s 50 day simple moving average is $45.15 and its two-hundred day simple moving average is $43.64.

Institutional Trading of iShares Currency Hedged MSCI EAFE ETF

A number of hedge funds and other institutional investors have recently modified their holdings of HEFA. BOKF NA lifted its holdings in iShares Currency Hedged MSCI EAFE ETF by 2.7% during the 4th quarter. BOKF NA now owns 440,088 shares of the company’s stock worth $18,202,000 after buying an additional 11,505 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 1,953.7% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 19,592 shares of the company’s stock valued at $776,000 after buying an additional 18,638 shares during the period. Hirtle Callaghan & Co LLC acquired a new stake in shares of iShares Currency Hedged MSCI EAFE ETF in the 4th quarter valued at $1,001,000. Osprey Private Wealth LLC bought a new stake in shares of iShares Currency Hedged MSCI EAFE ETF during the fourth quarter worth $1,433,000. Finally, Crescent Grove Advisors LLC raised its position in shares of iShares Currency Hedged MSCI EAFE ETF by 28.5% during the fourth quarter. Crescent Grove Advisors LLC now owns 202,951 shares of the company’s stock worth $8,394,000 after acquiring an additional 45,035 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.