iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Reaches New 1-Year High – Still a Buy?

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $35.23 and last traded at $36.80, with a volume of 1131588 shares trading hands. The stock had previously closed at $34.83.

iShares Currency Hedged MSCI EAFE ETF Stock Up 5.7 %

The company has a market capitalization of $7.12 billion, a PE ratio of 16.31 and a beta of 0.62. The stock’s fifty day moving average price is $35.75 and its two-hundred day moving average price is $35.29.

Institutional Investors Weigh In On iShares Currency Hedged MSCI EAFE ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Burkett Financial Services LLC lifted its stake in iShares Currency Hedged MSCI EAFE ETF by 1.2% in the fourth quarter. Burkett Financial Services LLC now owns 29,784 shares of the company’s stock worth $1,035,000 after acquiring an additional 355 shares during the period. IHT Wealth Management LLC lifted its position in shares of iShares Currency Hedged MSCI EAFE ETF by 0.4% in the 3rd quarter. IHT Wealth Management LLC now owns 89,974 shares of the company’s stock worth $3,187,000 after purchasing an additional 389 shares during the period. VERITY Wealth Advisors boosted its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 0.5% during the 4th quarter. VERITY Wealth Advisors now owns 81,445 shares of the company’s stock valued at $2,830,000 after purchasing an additional 419 shares in the last quarter. Private Trust Co. NA increased its position in shares of iShares Currency Hedged MSCI EAFE ETF by 25.5% during the fourth quarter. Private Trust Co. NA now owns 3,546 shares of the company’s stock valued at $123,000 after buying an additional 721 shares during the period. Finally, Collier Financial purchased a new position in shares of iShares Currency Hedged MSCI EAFE ETF during the fourth quarter valued at about $26,000.

About iShares Currency Hedged MSCI EAFE ETF

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.