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

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $35.71 and last traded at $35.47, with a volume of 2320874 shares. The stock had previously closed at $35.67.

iShares Currency Hedged MSCI EAFE ETF Stock Performance

The firm has a 50 day moving average of $34.98 and a 200-day moving average of $35.00. The stock has a market capitalization of $6.86 billion, a PE ratio of 16.31 and a beta of 0.62.

Institutional Trading of iShares Currency Hedged MSCI EAFE ETF

A number of institutional investors have recently modified their holdings of the company. Richardson Capital Management LLC lifted its holdings in iShares Currency Hedged MSCI EAFE ETF by 891.2% in the second quarter. Richardson Capital Management LLC now owns 902 shares of the company’s stock worth $32,000 after buying an additional 811 shares during the period. BNP Paribas Financial Markets increased its position in shares of iShares Currency Hedged MSCI EAFE ETF by 159.6% during the first quarter. BNP Paribas Financial Markets now owns 1,145 shares of the company’s stock valued at $40,000 after acquiring an additional 704 shares in the last quarter. WR Wealth Planners LLC increased its position in shares of iShares Currency Hedged MSCI EAFE ETF by 3,009.8% during the second quarter. WR Wealth Planners LLC now owns 1,275 shares of the company’s stock valued at $45,000 after acquiring an additional 1,234 shares in the last quarter. Gilliland Jeter Wealth Management LLC increased its position in shares of iShares Currency Hedged MSCI EAFE ETF by 73.8% during the second quarter. Gilliland Jeter Wealth Management LLC now owns 1,535 shares of the company’s stock valued at $55,000 after acquiring an additional 652 shares in the last quarter. Finally, Global Financial Private Client LLC bought a new stake in iShares Currency Hedged MSCI EAFE ETF in the 1st quarter worth approximately $58,000.

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.