NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Sees Unusually-High Trading Volume – What’s Next?

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) shares saw strong trading volume on Thursday . 654,986 shares traded hands during mid-day trading, an increase of 156% from the previous session’s volume of 255,525 shares.The stock last traded at $28.07 and had previously closed at $28.35.

NYLI FTSE International Equity Currency Neutral ETF Stock Performance

The company’s fifty day simple moving average is $27.10 and its two-hundred day simple moving average is $27.00. The stock has a market capitalization of $1.03 billion, a P/E ratio of 16.70 and a beta of 0.79.

Institutional Trading of NYLI FTSE International Equity Currency Neutral ETF

Institutional investors have recently added to or reduced their stakes in the company. Aspire Wealth Management Corp raised its stake in NYLI FTSE International Equity Currency Neutral ETF by 23.2% in the 3rd quarter. Aspire Wealth Management Corp now owns 224,755 shares of the company’s stock worth $6,212,000 after purchasing an additional 42,278 shares in the last quarter. Systelligence LLC bought a new position in shares of NYLI FTSE International Equity Currency Neutral ETF during the third quarter worth approximately $5,751,000. Oppenheimer & Co. Inc. raised its position in shares of NYLI FTSE International Equity Currency Neutral ETF by 17.3% in the third quarter. Oppenheimer & Co. Inc. now owns 78,349 shares of the company’s stock valued at $2,166,000 after buying an additional 11,546 shares in the last quarter. Covenant Asset Management LLC boosted its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 5.2% in the third quarter. Covenant Asset Management LLC now owns 8,967 shares of the company’s stock valued at $248,000 after buying an additional 447 shares during the period. Finally, Cerity Partners LLC boosted its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 27.0% in the third quarter. Cerity Partners LLC now owns 427,173 shares of the company’s stock valued at $11,807,000 after buying an additional 90,939 shares during the period.

NYLI FTSE International Equity Currency Neutral ETF Company Profile

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.