NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Reaches New 1-Year High – Here’s Why

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $31.56 and last traded at $31.56, with a volume of 38459 shares traded. The stock had previously closed at $31.31.

NYLI FTSE International Equity Currency Neutral ETF Price Performance

The stock has a fifty day moving average of $30.54 and a 200 day moving average of $29.18. The firm has a market capitalization of $1.12 billion, a P/E ratio of 15.93 and a beta of 0.79.

Institutional Trading of NYLI FTSE International Equity Currency Neutral ETF

Hedge funds have recently made changes to their positions in the company. Stratos Wealth Partners LTD. bought a new stake in shares of NYLI FTSE International Equity Currency Neutral ETF in the first quarter valued at $382,000. Envestnet Asset Management Inc. raised its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 31.8% in the first quarter. Envestnet Asset Management Inc. now owns 157,275 shares of the company’s stock valued at $4,328,000 after buying an additional 37,978 shares during the period. Kestra Private Wealth Services LLC raised its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 35.1% in the first quarter. Kestra Private Wealth Services LLC now owns 98,343 shares of the company’s stock valued at $2,706,000 after buying an additional 25,564 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in shares of NYLI FTSE International Equity Currency Neutral ETF in the second quarter valued at $5,888,000. Finally, Oppenheimer & Co. Inc. raised its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 7.3% in the first quarter. Oppenheimer & Co. Inc. now owns 82,415 shares of the company’s stock valued at $2,268,000 after buying an additional 5,634 shares during the period.

About NYLI FTSE International Equity Currency Neutral ETF

The IQ 50 Percent Hedged FTSE International ETF (HFXI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap companies located in developed nations outside of North America, with roughly half of its foreign currency exposure hedged to the USD.