HEFA Stock Summary and Trading Ideas (iShares Currency Hedged MSCI Eafe ETF | BATS:HEFA)

The iShares Currency Hedged MSCI EAFE ETF (the Fund ) seeks to track the investment results of an index composed of large- and mid-capitalization equities in Europe, Australasia, and the Far East while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar.

iShares Currency Hedged MSCI Eafe ETF trades on the BATS stock market under the symbol HEFA.

As of April 23, 2024, HEFA stock price climbed to $34.48 with 1,079,926 million shares trading.

HEFA has a beta of 0.73, meaning it tends to be less sensitive to market movements. HEFA has a correlation of 0.68 to the broad based SPY ETF.

HEFA has a market cap of $6.54 billion. This is considered a Mid Cap stock.

In the last 3 years, HEFA stock traded as high as $36.36 and as low as $26.93.

HEFA stock has underperformed the market in the last year with a return of +17.3%, while SPY returned +24.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in HEFA shares. However, HEFA has outperformed the market in the last 3 month and 2 week periods, returning +8.4% and -0.3%, while SPY returned +4.9% and -2.5%, respectively. This indicates HEFA has been having a stronger performance recently.

HEFA support price is $34.02 and resistance is $34.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HEFA stock will trade within this expected range on the day.