Royal Bank of Canada Acquires 526,266 Shares of NYLI FTSE International Equity Currency Neutral ETF $HFXI

Royal Bank of Canada raised its holdings in NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) by 271.8% in the first quarter, Holdings Channel.com reports. The fund owned 719,888 shares of the company’s stock after acquiring an additional 526,266 shares during the quarter. Royal Bank of Canada’s holdings in NYLI FTSE International Equity Currency Neutral ETF were worth $24,174,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Morgan Stanley increased its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 7.5% during the 4th quarter. Morgan Stanley now owns 4,426,596 shares of the company’s stock worth $143,643,000 after purchasing an additional 310,355 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 8.6% in the 3rd quarter. Bank of America Corp DE now owns 3,001,976 shares of the company’s stock valued at $93,091,000 after purchasing an additional 237,964 shares during the last quarter. LPL Financial LLC lifted its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 12.4% in the 4th quarter. LPL Financial LLC now owns 1,480,458 shares of the company’s stock valued at $48,041,000 after purchasing an additional 163,093 shares during the last quarter. Diversify Advisory Services LLC boosted its holdings in NYLI FTSE International Equity Currency Neutral ETF by 160.2% in the fourth quarter. Diversify Advisory Services LLC now owns 249,631 shares of the company’s stock worth $8,500,000 after purchasing an additional 153,694 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in NYLI FTSE International Equity Currency Neutral ETF by 87.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 245,175 shares of the company’s stock worth $7,956,000 after purchasing an additional 114,195 shares in the last quarter.

NYLI FTSE International Equity Currency Neutral ETF Price Performance

NYLI FTSE International Equity Currency Neutral ETF stock opened at $37.92 on Thursday. The company has a market capitalization of $2.05 billion, a price-to-earnings ratio of 15.93 and a beta of 0.71. NYLI FTSE International Equity Currency Neutral ETF has a one year low of $29.60 and a one year high of $38.74. The company’s fifty day moving average price is $37.54 and its two-hundred day moving average price is $36.00.

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