NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Reaches New 1-Year High – Time to Buy?

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI)’s stock price hit a new 52-week high on Monday . The stock traded as high as $28.43 and last traded at $28.44, with a volume of 115647 shares changing hands. The stock had previously closed at $28.10.

NYLI FTSE International Equity Currency Neutral ETF Stock Down 0.0 %

The firm has a market cap of $1.03 billion, a PE ratio of 16.70 and a beta of 0.79. The firm’s fifty day simple moving average is $27.39 and its two-hundred day simple moving average is $27.03.

Hedge Funds Weigh In On NYLI FTSE International Equity Currency Neutral ETF

Hedge funds have recently modified their holdings of the stock. Ameriprise Financial Inc. increased its holdings in NYLI FTSE International Equity Currency Neutral ETF by 32.4% in the 4th quarter. Ameriprise Financial Inc. now owns 5,170,903 shares of the company’s stock worth $134,740,000 after buying an additional 1,264,805 shares during the period. New York Life Investment Management LLC increased its holdings in NYLI FTSE International Equity Currency Neutral ETF by 0.9% in the 4th quarter. New York Life Investment Management LLC now owns 4,189,063 shares of the company’s stock worth $109,167,000 after buying an additional 39,305 shares during the period. Sanctuary Advisors LLC boosted its position in NYLI FTSE International Equity Currency Neutral ETF by 10.2% in the 4th quarter. Sanctuary Advisors LLC now owns 1,556,671 shares of the company’s stock worth $42,668,000 after purchasing an additional 144,246 shares in the last quarter. Bank of America Corp DE boosted its position in NYLI FTSE International Equity Currency Neutral ETF by 8.1% in the 4th quarter. Bank of America Corp DE now owns 1,405,269 shares of the company’s stock worth $36,621,000 after purchasing an additional 105,222 shares in the last quarter. Finally, LPL Financial LLC boosted its position in NYLI FTSE International Equity Currency Neutral ETF by 11.3% in the 4th quarter. LPL Financial LLC now owns 1,145,527 shares of the company’s stock worth $29,852,000 after purchasing an additional 116,144 shares in the last quarter.

NYLI 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.