NYLIM FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Sees Unusually-High Trading Volume – Here’s Why

NYLIM FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) saw unusually-high trading volume on Monday. Approximately 760,384 shares were traded during mid-day trading, an increase of 129% from the previous session’s volume of 332,268 shares. The stock last traded at $36.2310 and had previously closed at $36.07.

NYLIM FTSE International Equity Currency Neutral ETF Stock Performance

The stock has a fifty day simple moving average of $37.49 and a two-hundred day simple moving average of $37.22. The stock has a market cap of $2.38 billion, a PE ratio of 15.93 and a beta of 0.71.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in HFXI. GHP Investment Advisors Inc. acquired a new stake in NYLIM FTSE International Equity Currency Neutral ETF during the 1st quarter valued at $34,000. Western Wealth Management LLC acquired a new position in NYLIM FTSE International Equity Currency Neutral ETF in the 1st quarter worth $67,000. Integrated Wealth Concepts LLC acquired a new position in NYLIM FTSE International Equity Currency Neutral ETF in the 2nd quarter worth $80,000. Fifth Third Bancorp acquired a new position in NYLIM FTSE International Equity Currency Neutral ETF in the 1st quarter worth $101,000. Finally, Signature Equity Partners LLC lifted its holdings in NYLIM FTSE International Equity Currency Neutral ETF by 372.6% in the 1st quarter. Signature Equity Partners LLC now owns 5,000 shares of the company’s stock worth $168,000 after buying an additional 3,942 shares in the last quarter.

NYLIM FTSE International Equity Currency Neutral ETF Company Profile

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.