iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) Stock Price Up 0.5% – Should You Buy?

iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) shot up 0.5% on Tuesday . The stock traded as high as $33.11 and last traded at $33.09. 16,646 shares were traded during mid-day trading, a decline of 43% from the average session volume of 29,109 shares. The stock had previously closed at $32.94.

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

The firm has a 50-day simple moving average of $32.68 and a two-hundred day simple moving average of $32.41. The company has a market cap of $227.66 million, a PE ratio of 14.89 and a beta of 0.66.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares Currency Hedged MSCI ACWI ex U.S. ETF stock. Sunbelt Securities Inc. grew its stake in shares of iShares Currency Hedged MSCI ACWI ex U.S. ETF (NYSEARCA:HAWX) by 9.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,687 shares of the company’s stock after purchasing an additional 3,790 shares during the quarter. Sunbelt Securities Inc. owned approximately 0.66% of iShares Currency Hedged MSCI ACWI ex U.S. ETF worth $1,475,000 as of its most recent SEC filing.

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.