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

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $35.23 and last traded at $36.08, with a volume of 1131588 shares changing hands. The stock had previously closed at $34.83.

iShares Currency Hedged MSCI EAFE ETF Stock Performance

The business has a 50-day simple moving average of $35.23 and a two-hundred day simple moving average of $35.01. The company has a market capitalization of $6.98 billion, a price-to-earnings ratio of 16.31 and a beta of 0.62.

Institutional Investors Weigh In On iShares Currency Hedged MSCI EAFE ETF

Large investors have recently modified their holdings of the stock. ESL Trust Services LLC purchased a new stake in shares of iShares Currency Hedged MSCI EAFE ETF during the third quarter worth approximately $33,000. Rosenberg Matthew Hamilton purchased a new stake in shares of iShares Currency Hedged MSCI EAFE ETF during the fourth quarter worth approximately $42,000. NBC Securities Inc. raised its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 32.8% during the third quarter. NBC Securities Inc. now owns 1,713 shares of the company’s stock worth $60,000 after purchasing an additional 423 shares during the last quarter. First PREMIER Bank purchased a new position in iShares Currency Hedged MSCI EAFE ETF in the third quarter worth $63,000. Finally, Kingswood Wealth Advisors LLC purchased a new position in iShares Currency Hedged MSCI EAFE ETF in the fourth quarter worth $220,000.

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.