iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Hits New 12-Month High at $34.66

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) shares hit a new 52-week high on Monday . The company traded as high as $34.66 and last traded at $34.72, with a volume of 732486 shares trading hands. The stock had previously closed at $34.59.

iShares Currency Hedged MSCI EAFE ETF Price Performance

The firm’s 50 day simple moving average is $34.63 and its 200-day simple moving average is $34.83. The company has a market cap of $6.69 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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HEFA. Icon Wealth Advisors LLC acquired a new position in shares of iShares Currency Hedged MSCI EAFE ETF in the 1st quarter valued at $7,269,000. Exchange Capital Management Inc. raised its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 5.1% in the first quarter. Exchange Capital Management Inc. now owns 290,838 shares of the company’s stock valued at $10,144,000 after buying an additional 14,175 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new stake in shares of iShares Currency Hedged MSCI EAFE ETF during the first quarter worth about $156,000. AdvisorNet Financial Inc grew its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 13.6% during the first quarter. AdvisorNet Financial Inc now owns 75,059 shares of the company’s stock worth $2,618,000 after buying an additional 8,983 shares during the last quarter. Finally, Zions Bancorporation N.A. purchased a new position in shares of iShares Currency Hedged MSCI EAFE ETF during the second quarter worth about $66,000.

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.