iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Sets New 12-Month High at $34.54

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) hit a new 52-week high during trading on Monday . The company traded as high as $34.54 and last traded at $34.19, with a volume of 804952 shares changing hands. The stock had previously closed at $34.22.

iShares Currency Hedged MSCI EAFE ETF Stock Performance

The company has a market cap of $3.92 billion, a price-to-earnings ratio of 14.08 and a beta of 0.70. The company’s fifty day moving average is $33.86 and its two-hundred day moving average is $31.94.

Institutional Investors Weigh In On iShares Currency Hedged MSCI EAFE ETF

Several hedge funds have recently added to or reduced their stakes in HEFA. Bank of New York Mellon Corp raised its position in shares of iShares Currency Hedged MSCI EAFE ETF by 60.3% in the third quarter. Bank of New York Mellon Corp now owns 2,135,029 shares of the company’s stock worth $64,264,000 after acquiring an additional 803,201 shares during the period. Prime Capital Investment Advisors LLC acquired a new stake in iShares Currency Hedged MSCI EAFE ETF during the fourth quarter worth about $22,494,000. TIAA Trust National Association purchased a new position in iShares Currency Hedged MSCI EAFE ETF during the third quarter worth about $16,528,000. JPMorgan Chase & Co. lifted its holdings in iShares Currency Hedged MSCI EAFE ETF by 111.4% in the third quarter. JPMorgan Chase & Co. now owns 839,638 shares of the company’s stock valued at $25,524,000 after acquiring an additional 442,509 shares during the last quarter. Finally, Partners Capital Investment Group LLP lifted its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 11.9% in the 1st quarter. Partners Capital Investment Group LLP now owns 3,776,731 shares of the company’s stock valued at $111,300,000 after purchasing an additional 402,513 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.