iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) Position Cut by Merkkuri Wealth Advisors LLC

Merkkuri Wealth Advisors LLC reduced its holdings in iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) by 17.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,836 shares of the company’s stock after selling 4,024 shares during the quarter. Merkkuri Wealth Advisors LLC’s holdings in iShares Currency Hedged MSCI EAFE ETF were worth $667,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Prime Capital Investment Advisors LLC lifted its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 212.0% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 1,854,984 shares of the company’s stock worth $65,954,000 after acquiring an additional 1,260,530 shares during the period. Janney Montgomery Scott LLC lifted its position in iShares Currency Hedged MSCI EAFE ETF by 1,066.3% in the first quarter. Janney Montgomery Scott LLC now owns 1,340,721 shares of the company’s stock worth $46,764,000 after purchasing an additional 1,225,766 shares during the period. TIAA Trust National Association lifted its position in iShares Currency Hedged MSCI EAFE ETF by 69.3% in the first quarter. TIAA Trust National Association now owns 1,493,290 shares of the company’s stock worth $52,086,000 after purchasing an additional 611,299 shares during the period. Icon Wealth Advisors LLC bought a new position in iShares Currency Hedged MSCI EAFE ETF during the 1st quarter valued at $7,269,000. Finally, Valeo Financial Advisors LLC increased its position in shares of iShares Currency Hedged MSCI EAFE ETF by 63.8% during the 2nd quarter. Valeo Financial Advisors LLC now owns 488,128 shares of the company’s stock valued at $17,355,000 after purchasing an additional 190,154 shares during the period.

iShares Currency Hedged MSCI EAFE ETF Stock Performance

HEFA opened at $35.17 on Friday. The company has a market capitalization of $6.81 billion, a PE ratio of 16.31 and a beta of 0.62. The stock’s fifty day moving average is $35.08 and its 200-day moving average is $35.01. iShares Currency Hedged MSCI EAFE ETF has a one year low of $26.88 and a one year high of $30.88.

iShares Currency Hedged MSCI EAFE ETF Profile

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.