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

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA)’s share price hit a new 52-week high on Thursday . The stock traded as high as $45.24 and last traded at $45.19, with a volume of 294952 shares trading hands. The stock had previously closed at $45.05.

iShares Currency Hedged MSCI EAFE ETF Price Performance

The stock has a market capitalization of $7.65 billion, a P/E ratio of 15.74 and a beta of 0.67. The company has a fifty day moving average of $43.56 and a two-hundred day moving average of $42.78.

Hedge Funds Weigh In On iShares Currency Hedged MSCI EAFE ETF

Several institutional investors have recently made changes to their positions in the stock. Captrust Financial Advisors grew its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 4.5% during the fourth quarter. Captrust Financial Advisors now owns 7,775 shares of the company’s stock valued at $322,000 after purchasing an additional 337 shares during the last quarter. Bessemer Group Inc. grew its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 39.9% during the first quarter. Bessemer Group Inc. now owns 1,186 shares of the company’s stock valued at $50,000 after purchasing an additional 338 shares during the last quarter. Private Trust Co. NA grew its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 135.9% during the fourth quarter. Private Trust Co. NA now owns 670 shares of the company’s stock valued at $28,000 after purchasing an additional 386 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 0.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 79,066 shares of the company’s stock valued at $3,270,000 after purchasing an additional 489 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 5.0% during the fourth quarter. Arkadios Wealth Advisors now owns 11,602 shares of the company’s stock valued at $480,000 after purchasing an additional 555 shares during the last quarter.

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.