NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Sets New 52-Week High – Should You Buy?

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $28.43 and last traded at $28.44, with a volume of 115647 shares traded. The stock had previously closed at $28.10.

NYLI FTSE International Equity Currency Neutral ETF Trading Up 1.1 %

The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 16.70 and a beta of 0.79. The stock’s 50 day moving average is $27.31 and its two-hundred day moving average is $27.02.

Hedge Funds Weigh In On NYLI FTSE International Equity Currency Neutral ETF

Hedge funds have recently added to or reduced their stakes in the business. Advisor Resource Council purchased a new stake in shares of NYLI FTSE International Equity Currency Neutral ETF in the fourth quarter valued at $367,000. Revisor Wealth Management LLC boosted its stake in NYLI FTSE International Equity Currency Neutral ETF by 45.2% in the 4th quarter. Revisor Wealth Management LLC now owns 40,510 shares of the company’s stock worth $1,090,000 after buying an additional 12,616 shares during the last quarter. GTS Securities LLC purchased a new stake in NYLI FTSE International Equity Currency Neutral ETF in the 4th quarter valued at about $240,000. Redwood Financial Network Corp increased its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 7.4% during the 4th quarter. Redwood Financial Network Corp now owns 41,774 shares of the company’s stock valued at $1,089,000 after acquiring an additional 2,893 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of NYLI FTSE International Equity Currency Neutral ETF during the 4th quarter worth about $760,000.

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.