iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Sets New 12-Month High – Should You Buy?

Shares of iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) reached a new 52-week high on Thursday . The stock traded as high as $45.24 and last traded at $45.19, with a volume of 294952 shares traded. The stock had previously closed at $45.05.

iShares Currency Hedged MSCI EAFE ETF Price Performance

The firm has a 50-day moving average price of $43.66 and a two-hundred day moving average price of $42.83. The company has a market capitalization of $7.63 billion, a price-to-earnings ratio of 15.74 and a beta of 0.67.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of HEFA. Private Trust Co. NA boosted its position in iShares Currency Hedged MSCI EAFE ETF by 135.9% during the fourth quarter. Private Trust Co. NA now owns 670 shares of the company’s stock valued at $28,000 after purchasing an additional 386 shares during the last quarter. Millstone Evans Group LLC acquired a new position in iShares Currency Hedged MSCI EAFE ETF during the fourth quarter valued at approximately $29,000. GPS Wealth Strategies Group LLC boosted its position in iShares Currency Hedged MSCI EAFE ETF by 241.5% during the third quarter. GPS Wealth Strategies Group LLC now owns 1,127 shares of the company’s stock valued at $45,000 after purchasing an additional 797 shares during the last quarter. Triumph Capital Management acquired a new position in iShares Currency Hedged MSCI EAFE ETF during the third quarter valued at approximately $49,000. Finally, Bessemer Group Inc. boosted its position in iShares Currency Hedged MSCI EAFE ETF by 39.9% during the first quarter. Bessemer Group Inc. now owns 1,186 shares of the company’s stock valued at $50,000 after purchasing an additional 338 shares during the last quarter.

iShares Currency Hedged MSCI EAFE ETF Company Profile

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.