iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) Trading Up 0.8% – Time to Buy?

Shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) were up 0.8% during trading on Monday . The company traded as high as $38.81 and last traded at $38.76. Approximately 16,543 shares traded hands during trading, a decline of 51% from the average daily volume of 33,455 shares. The stock had previously closed at $38.47.

iShares Currency Hedged MSCI ACWI ex U.S. ETF Price Performance

The firm has a market cap of $282.95 million, a price-to-earnings ratio of 15.74 and a beta of 0.68. The business has a fifty day simple moving average of $36.79 and a 200 day simple moving average of $34.98.

Institutional Investors Weigh In On iShares Currency Hedged MSCI ACWI ex U.S. ETF

Hedge funds have recently modified their holdings of the business. Partners Capital Investment Group LLP purchased a new stake in iShares Currency Hedged MSCI ACWI ex U.S. ETF during the 1st quarter valued at about $12,255,000. Flow Traders U.S. LLC acquired a new position in shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF during the 1st quarter worth approximately $670,000. NewEdge Advisors LLC grew its position in shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF by 731.1% in the first quarter. NewEdge Advisors LLC now owns 188,976 shares of the company’s stock valued at $6,320,000 after purchasing an additional 166,237 shares in the last quarter. Finally, Nova Wealth Management Inc. purchased a new stake in shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF in the first quarter valued at approximately $48,000.

iShares Currency Hedged MSCI ACWI ex U.S. ETF Company Profile

The iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of global large- and mid-cap stocks outside the US, hedged against movements in the underlying currencies for US investors. HAWX was launched on Jun 29, 2015 and is managed by BlackRock.