Baird Financial Group Inc. Grows Position in iShares Currency Hedged MSCI EAFE ETF $HEFA

Baird Financial Group Inc. boosted its stake in shares of iShares Currency Hedged MSCI EAFE ETF (BATS:HEFA) by 116.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,555 shares of the company’s stock after purchasing an additional 11,039 shares during the period. Baird Financial Group Inc.’s holdings in iShares Currency Hedged MSCI EAFE ETF were worth $746,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of HEFA. Global Financial Private Client LLC purchased a new stake in iShares Currency Hedged MSCI EAFE ETF during the 1st quarter worth approximately $45,000. ORG Partners LLC increased its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 111.1% in the first quarter. ORG Partners LLC now owns 1,404 shares of the company’s stock worth $51,000 after acquiring an additional 739 shares during the period. NBC Securities Inc. increased its stake in shares of iShares Currency Hedged MSCI EAFE ETF by 171,200.0% in the first quarter. NBC Securities Inc. now owns 1,713 shares of the company’s stock worth $62,000 after acquiring an additional 1,712 shares during the period. Zions Bancorporation National Association UT acquired a new stake in shares of iShares Currency Hedged MSCI EAFE ETF in the first quarter worth $67,000. Finally, SVB Wealth LLC acquired a new stake in shares of iShares Currency Hedged MSCI EAFE ETF in the first quarter worth $82,000.

iShares Currency Hedged MSCI EAFE ETF Price Performance

BATS:HEFA opened at $39.14 on Wednesday. The firm has a market capitalization of $6.59 billion, a P/E ratio of 15.74 and a beta of 0.67. iShares Currency Hedged MSCI EAFE ETF has a 1-year low of $31.39 and a 1-year high of $38.53. The company’s fifty day moving average price is $38.30 and its 200-day moving average price is $37.19.

About iShares Currency Hedged MSCI EAFE ETF

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.