Shares of NYLIM FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI – Get Free Report) saw strong trading volume on Tuesday. Approximately 1,268,120 shares changed hands during mid-day trading, an increase of 275% from the average daily volume of 337,868 shares. The stock last traded at $36.3050 and had previously closed at $36.37.
NYLIM FTSE International Equity Currency Neutral ETF Trading Down 3.6%
The stock has a market cap of $2.38 billion, a PE ratio of 15.93 and a beta of 0.73. The business has a 50-day moving average price of $37.18 and a 200 day moving average price of $36.46.
Institutional Investors Weigh In On NYLIM FTSE International Equity Currency Neutral ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Western Wealth Management LLC bought a new position in shares of NYLIM FTSE International Equity Currency Neutral ETF in the first quarter worth $67,000. Integrated Wealth Concepts LLC purchased a new position in shares of NYLIM FTSE International Equity Currency Neutral ETF in the second quarter valued at $80,000. Fifth Third Bancorp purchased a new position in shares of NYLIM FTSE International Equity Currency Neutral ETF in the first quarter valued at $101,000. Signature Equity Partners LLC raised its stake in shares of NYLIM FTSE International Equity Currency Neutral ETF by 372.6% during the 1st quarter. Signature Equity Partners LLC now owns 5,000 shares of the company’s stock valued at $168,000 after purchasing an additional 3,942 shares during the period. Finally, NWF Advisory Services Inc. bought a new stake in shares of NYLIM FTSE International Equity Currency Neutral ETF during the 2nd quarter valued at $240,000.
About NYLIM FTSE International Equity Currency Neutral ETF
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. HFXI was launched on Jul 22, 2015 and is managed by IndexIQ.
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