iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Sees Significant Drop in Short Interest

iShares Currency Hedged MSCI EAFE ETF (BATS:HEFAGet Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 207,878 shares, a decrease of 44.6% from the April 30th total of 374,953 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 545,592 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of iShares Currency Hedged MSCI EAFE ETF

Several hedge funds have recently modified their holdings of HEFA. Ameriprise Financial Inc. grew its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 14.7% during the second quarter. Ameriprise Financial Inc. now owns 6,618,320 shares of the company’s stock valued at $251,244,000 after purchasing an additional 848,415 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake 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 valued at $3,273,000 after purchasing an additional 59,550 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 34.1% during the third quarter. Jones Financial Companies Lllp now owns 208,246 shares of the company’s stock valued at $8,215,000 after purchasing an additional 52,964 shares during the last quarter. Crescent Grove Advisors LLC grew its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 28.5% during the fourth quarter. Crescent Grove Advisors LLC now owns 202,951 shares of the company’s stock valued at $8,394,000 after purchasing an additional 45,035 shares during the last quarter. Finally, Osprey Private Wealth LLC bought a new position in iShares Currency Hedged MSCI EAFE ETF in the fourth quarter valued at about $1,433,000.

iShares Currency Hedged MSCI EAFE ETF Trading Up 0.7%

Shares of iShares Currency Hedged MSCI EAFE ETF stock opened at $45.80 on Wednesday. The stock has a market capitalization of $7.72 billion, a price-to-earnings ratio of 15.74 and a beta of 0.67. iShares Currency Hedged MSCI EAFE ETF has a 1-year low of $37.05 and a 1-year high of $45.90. The firm’s 50-day moving average price is $44.03 and its two-hundred day moving average price is $43.03.

About iShares Currency Hedged MSCI EAFE ETF

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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.

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