iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Shares Down 0.7% – What’s Next?

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA)’s share price were down 0.7% during mid-day trading on Tuesday . The stock traded as low as $46.85 and last traded at $46.90. Approximately 2,059,502 shares were traded during trading, an increase of 189% from the average session volume of 711,601 shares. The stock had previously closed at $47.23.

iShares Currency Hedged MSCI EAFE ETF Stock Down 0.7%

The company has a 50 day moving average of $46.78 and a 200 day moving average of $45.16. The stock has a market capitalization of $7.90 billion, a price-to-earnings ratio of 15.74 and a beta of 0.67.

Institutional Investors Weigh In On iShares Currency Hedged MSCI EAFE ETF

A number of large investors have recently added to or reduced their stakes in HEFA. Compass Financial Management LLC acquired a new stake in iShares Currency Hedged MSCI EAFE ETF during the 2nd quarter valued at approximately $28,000. Valeo Financial Advisors LLC grew its holdings in iShares Currency Hedged MSCI EAFE ETF by 1.6% in the 2nd quarter. Valeo Financial Advisors LLC now owns 37,433 shares of the company’s stock worth $1,757,000 after buying an additional 575 shares in the last quarter. Arlington Trust Co LLC bought a new stake in shares of iShares Currency Hedged MSCI EAFE ETF during the 2nd quarter worth about $85,000. CX Institutional lifted its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 0.3% in the second quarter. CX Institutional now owns 274,278 shares of the company’s stock valued at $12,871,000 after buying an additional 928 shares during the period. Finally, Parallel Advisors LLC lifted its stake in iShares Currency Hedged MSCI EAFE ETF by 163.3% during the first quarter. Parallel Advisors LLC now owns 12,505 shares of the company’s stock valued at $531,000 after purchasing an additional 7,755 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.