IQ FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Shares Gap Up to $26.67

IQ FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI)’s share price gapped up before the market opened on Friday . The stock had previously closed at $26.67, but opened at $27.42. IQ FTSE International Equity Currency Neutral ETF shares last traded at $26.48, with a volume of 33,246 shares.

IQ FTSE International Equity Currency Neutral ETF Trading Down 0.4 %

The company has a market cap of $584.32 million, a PE ratio of 13.81 and a beta of 0.74. The business has a 50 day simple moving average of $26.85 and a two-hundred day simple moving average of $25.96.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Comerica Bank increased its holdings in shares of IQ FTSE International Equity Currency Neutral ETF by 18.2% during the 1st quarter. Comerica Bank now owns 5,684 shares of the company’s stock worth $153,000 after buying an additional 877 shares during the last quarter. Waterloo Capital L.P. acquired a new stake in IQ FTSE International Equity Currency Neutral ETF in the 4th quarter valued at $2,963,000. Finally, Ancora Advisors LLC acquired a new stake in shares of IQ FTSE International Equity Currency Neutral ETF during the third quarter valued at about $94,000.

About IQ FTSE International Equity Currency Neutral ETF

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.