CX Institutional Raises Stock Holdings in iShares Currency Hedged MSCI EAFE ETF $HEFA

CX Institutional increased its holdings in iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) by 47.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 403,920 shares of the company’s stock after purchasing an additional 129,642 shares during the period. CX Institutional’s holdings in iShares Currency Hedged MSCI EAFE ETF were worth $18,738,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in HEFA. Compass Financial Management LLC purchased a new position in shares of iShares Currency Hedged MSCI EAFE ETF in the second quarter worth $28,000. Bessemer Group Inc. grew its stake in 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 acquiring an additional 338 shares in the last quarter. Arlington Trust Co LLC bought a new stake in iShares Currency Hedged MSCI EAFE ETF in the 2nd quarter valued at $85,000. Parallel Advisors LLC lifted its stake in iShares Currency Hedged MSCI EAFE ETF by 163.3% in the 1st 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, Arkadios Wealth Advisors lifted its stake in iShares Currency Hedged MSCI EAFE ETF by 46.8% in the 1st quarter. Arkadios Wealth Advisors now owns 17,029 shares of the company’s stock worth $724,000 after purchasing an additional 5,427 shares in the last quarter.

iShares Currency Hedged MSCI EAFE ETF Stock Performance

Shares of HEFA traded up $0.40 during midday trading on Friday, hitting $46.55. 499,639 shares of the company traded hands, compared to its average volume of 686,739. The firm has a 50 day moving average of $46.95 and a 200-day moving average of $45.59. iShares Currency Hedged MSCI EAFE ETF has a 52 week low of $39.59 and a 52 week high of $47.99. The stock has a market cap of $7.84 billion, a price-to-earnings ratio of 15.74 and a beta of 0.67.

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.