iShares Currency Hedged MSCI EAFE ETF $HEFA is Wellington Altus USA Inc.’s 2nd Largest Position

Wellington Altus USA Inc. lessened its stake in iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) by 6.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 163,164 shares of the company’s stock after selling 11,975 shares during the quarter. iShares Currency Hedged MSCI EAFE ETF comprises 5.0% of Wellington Altus USA Inc.’s holdings, making the stock its 2nd largest position. Wellington Altus USA Inc.’s holdings in iShares Currency Hedged MSCI EAFE ETF were worth $7,657,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its position in shares of iShares Currency Hedged MSCI EAFE ETF by 304.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 79,142 shares of the company’s stock worth $3,273,000 after acquiring an additional 59,550 shares during the period. Crescent Grove Advisors LLC boosted its holdings in shares of iShares Currency Hedged MSCI EAFE ETF by 7.5% in the first quarter. Crescent Grove Advisors LLC now owns 218,230 shares of the company’s stock valued at $9,274,000 after purchasing an additional 15,279 shares during the period. Immaculate Wealth Management LLC bought a new position in iShares Currency Hedged MSCI EAFE ETF in the first quarter worth approximately $1,161,000. Parallel Advisors LLC grew its stake in iShares Currency Hedged MSCI EAFE ETF by 163.3% in the first quarter. Parallel Advisors LLC now owns 12,505 shares of the company’s stock worth $531,000 after purchasing an additional 7,755 shares in the last quarter. Finally, Valeo Financial Advisors LLC increased its holdings in iShares Currency Hedged MSCI EAFE ETF by 1.6% during the 2nd quarter. Valeo Financial Advisors LLC now owns 37,433 shares of the company’s stock worth $1,757,000 after purchasing an additional 575 shares during the period.

iShares Currency Hedged MSCI EAFE ETF Stock Performance

BATS HEFA traded up $0.42 on Thursday, reaching $46.81. 359,114 shares of the stock traded hands, compared to its average volume of 694,225. The company has a fifty day moving average price of $46.83 and a 200-day moving average price of $45.32. The company has a market cap of $7.89 billion, a price-to-earnings ratio of 15.74 and a beta of 0.67. iShares Currency Hedged MSCI EAFE ETF has a 12 month low of $39.13 and a 12 month high of $47.99.

iShares Currency Hedged MSCI EAFE ETF 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.