iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) Trading Up 0.5% – Time to Buy?

Shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) rose 0.5% on Monday . The company traded as high as $43.03 and last traded at $43.02. Approximately 9,286 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 29,590 shares. The stock had previously closed at $42.79.

iShares Currency Hedged MSCI ACWI ex U.S. ETF Trading Up 0.5%

The stock has a 50 day moving average price of $41.80 and a two-hundred day moving average price of $40.33. The company has a market cap of $328.67 million, a price-to-earnings ratio of 15.74 and a beta of 0.50.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Nova Wealth Management Inc. lifted its stake in shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF by 559.1% in the 4th quarter. Nova Wealth Management Inc. now owns 13,992 shares of the company’s stock valued at $552,000 after purchasing an additional 11,869 shares during the period. Sunbelt Securities Inc. lifted its stake in shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF by 31.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,945 shares of the company’s stock valued at $74,000 after purchasing an additional 460 shares during the period. Partners Capital Investment Group LLP lifted its stake in shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF by 6.1% in the 3rd quarter. Partners Capital Investment Group LLP now owns 421,211 shares of the company’s stock valued at $15,928,000 after purchasing an additional 24,155 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF by 15.2% in the 2nd quarter. NewEdge Advisors LLC now owns 217,635 shares of the company’s stock valued at $7,693,000 after purchasing an additional 28,659 shares during the period.

About iShares Currency Hedged MSCI ACWI ex U.S. ETF

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.