NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Hits New 52-Week High – What’s Next?

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $28.02 and last traded at $27.93, with a volume of 10670 shares trading hands. The stock had previously closed at $27.95.

NYLI FTSE International Equity Currency Neutral ETF Stock Down 0.1 %

The firm has a 50 day moving average of $26.70 and a 200-day moving average of $26.83. The company has a market cap of $614.02 million, a P/E ratio of 13.81 and a beta of 0.74.

Hedge Funds Weigh In On NYLI FTSE International Equity Currency Neutral ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. New York Life Investment Management LLC grew its holdings in NYLI FTSE International Equity Currency Neutral ETF by 0.9% during the 4th quarter. New York Life Investment Management LLC now owns 4,189,063 shares of the company’s stock worth $109,167,000 after acquiring an additional 39,305 shares in the last quarter. Sanctuary Advisors LLC lifted its position in shares of NYLI FTSE International Equity Currency Neutral ETF by 10.2% in the 4th quarter. Sanctuary Advisors LLC now owns 1,556,671 shares of the company’s stock worth $42,668,000 after purchasing an additional 144,246 shares during the period. LPL Financial LLC boosted its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 11.3% during the fourth quarter. LPL Financial LLC now owns 1,145,527 shares of the company’s stock valued at $29,852,000 after purchasing an additional 116,144 shares in the last quarter. Flynn Zito Capital Management LLC increased its holdings in NYLI FTSE International Equity Currency Neutral ETF by 5.0% during the fourth quarter. Flynn Zito Capital Management LLC now owns 631,349 shares of the company’s stock valued at $16,453,000 after buying an additional 30,020 shares during the period. Finally, Cerity Partners LLC raised its stake in NYLI FTSE International Equity Currency Neutral ETF by 30.8% in the fourth quarter. Cerity Partners LLC now owns 558,869 shares of the company’s stock worth $14,564,000 after buying an additional 131,696 shares in the last quarter.

NYLI FTSE International Equity Currency Neutral ETF Company Profile

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.