NYLIM FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Stock Breaks Above 200 Day Moving Average – Here’s What Happened

Shares of NYLIM FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) crossed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $36.37 and traded as high as $36.66. NYLIM FTSE International Equity Currency Neutral ETF shares last traded at $36.63, with a volume of 800,300 shares.

NYLIM FTSE International Equity Currency Neutral ETF Price Performance

The business has a 50 day simple moving average of $37.39 and a 200-day simple moving average of $36.39. The stock has a market capitalization of $2.42 billion, a price-to-earnings ratio of 15.93 and a beta of 0.71.

Institutional Trading of NYLIM FTSE International Equity Currency Neutral ETF

Hedge funds have recently bought and sold shares of the stock. Trademark Financial Management LLC boosted its holdings in shares of NYLIM FTSE International Equity Currency Neutral ETF by 10.0% in the first quarter. Trademark Financial Management LLC now owns 7,811 shares of the company’s stock valued at $262,000 after buying an additional 707 shares during the period. Western Wealth Management LLC bought a new stake in shares of NYLIM FTSE International Equity Currency Neutral ETF during the first quarter worth $67,000. Integrated Advisors Network LLC raised its holdings in shares of NYLIM FTSE International Equity Currency Neutral ETF by 17.8% during the first quarter. Integrated Advisors Network LLC now owns 13,788 shares of the company’s stock worth $463,000 after acquiring an additional 2,086 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in shares of NYLIM FTSE International Equity Currency Neutral ETF during the second quarter worth $80,000. Finally, Dynamic Advisor Solutions LLC raised its holdings in shares of NYLIM FTSE International Equity Currency Neutral ETF by 19.6% during the second quarter. Dynamic Advisor Solutions LLC now owns 12,963 shares of the company’s stock worth $494,000 after acquiring an additional 2,120 shares during the period.

About NYLIM 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. HFXI was launched on Jul 22, 2015 and is managed by IndexIQ.