iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) Shares Up 2.1% – Here’s Why

iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) rose 2.1% during trading on Monday . The stock traded as high as $40.70 and last traded at $40.40. Approximately 17,797 shares were traded during trading, a decline of 41% from the average daily volume of 30,031 shares. The stock had previously closed at $39.57.

iShares Currency Hedged MSCI ACWI ex U.S. ETF Stock Up 2.1%

The firm has a market cap of $308.66 million, a PE ratio of 15.74 and a beta of 0.53. The company’s 50 day moving average price is $41.80 and its two-hundred day moving average price is $39.91.

Institutional Trading of iShares Currency Hedged MSCI ACWI ex U.S. ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC lifted its stake in iShares Currency Hedged MSCI ACWI ex U.S. ETF by 225.0% in the second quarter. Flow Traders U.S. LLC now owns 65,146 shares of the company’s stock worth $2,303,000 after purchasing an additional 45,103 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF by 15.2% during the second quarter. NewEdge Advisors LLC now owns 217,635 shares of the company’s stock valued at $7,693,000 after buying an additional 28,659 shares during the last quarter. Nova Wealth Management Inc. grew its stake in shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF by 27.7% during the third quarter. Nova Wealth Management Inc. now owns 2,123 shares of the company’s stock valued at $80,000 after buying an additional 460 shares during the last quarter. Partners Capital Investment Group LLP raised its holdings in shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF by 6.1% in the third quarter. Partners Capital Investment Group LLP now owns 421,211 shares of the company’s stock worth $15,928,000 after buying an additional 24,155 shares during the period. Finally, Sunbelt Securities Inc. raised its holdings in shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF by 31.0% in the third quarter. Sunbelt Securities Inc. now owns 1,945 shares of the company’s stock worth $74,000 after buying an additional 460 shares during the period.

iShares Currency Hedged MSCI ACWI ex U.S. ETF Company Profile

The iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of global large- and mid-cap stocks outside the US, hedged against movements in the underlying currencies for US investors. HAWX was launched on Jun 29, 2015 and is managed by BlackRock.