iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Hits New 12-Month High – Time to Buy?

Shares of iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) reached a new 52-week high on Monday . The company traded as high as $35.81 and last traded at $35.80, with a volume of 361561 shares traded. The stock had previously closed at $35.76.

iShares Currency Hedged MSCI EAFE ETF Price Performance

The stock has a market capitalization of $6.93 billion, a price-to-earnings ratio of 16.31 and a beta of 0.62. The firm’s fifty day moving average is $35.24 and its 200-day moving average is $35.08.

Hedge Funds Weigh In On iShares Currency Hedged MSCI EAFE ETF

A number of hedge funds have recently bought and sold shares of HEFA. Richardson Capital Management LLC increased its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 891.2% in the 2nd quarter. Richardson Capital Management LLC now owns 902 shares of the company’s stock valued at $32,000 after acquiring an additional 811 shares during the last quarter. ESL Trust Services LLC acquired a new stake in shares of iShares Currency Hedged MSCI EAFE ETF during the third quarter worth $33,000. WR Wealth Planners LLC grew its position in shares of iShares Currency Hedged MSCI EAFE ETF by 3,009.8% during the 2nd quarter. WR Wealth Planners LLC now owns 1,275 shares of the company’s stock valued at $45,000 after buying an additional 1,234 shares during the last quarter. Gilliland Jeter Wealth Management LLC raised its stake in 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 worth $55,000 after acquiring an additional 652 shares during the period. Finally, NBC Securities Inc. lifted its holdings in iShares Currency Hedged MSCI EAFE ETF by 32.8% in the third quarter. NBC Securities Inc. now owns 1,713 shares of the company’s stock worth $60,000 after acquiring an additional 423 shares during the last quarter.

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.