IQ FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Stock Price Down 0.9%

IQ FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI)’s share price traded down 0.9% during trading on Tuesday . The stock traded as low as $25.78 and last traded at $25.88. 63,286 shares traded hands during trading, a decline of 42% from the average session volume of 109,030 shares. The stock had previously closed at $26.13.

IQ FTSE International Equity Currency Neutral ETF Stock Down 0.9 %

The company has a fifty day moving average of $26.17 and a two-hundred day moving average of $24.74. The stock has a market capitalization of $434.87 million, a price-to-earnings ratio of 12.77 and a beta of 0.79.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in HFXI. Ameriprise Financial Inc. boosted its holdings in IQ FTSE International Equity Currency Neutral ETF by 39.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 869,278 shares of the company’s stock valued at $20,102,000 after purchasing an additional 247,477 shares in the last quarter. Waterloo Capital L.P. purchased a new stake in shares of IQ FTSE International Equity Currency Neutral ETF in the fourth quarter valued at approximately $2,963,000. OLD Mission Capital LLC purchased a new stake in shares of IQ FTSE International Equity Currency Neutral ETF in the fourth quarter valued at approximately $1,778,000. JPMorgan Chase & Co. acquired a new position in IQ FTSE International Equity Currency Neutral ETF during the second quarter worth $360,000. Finally, Comerica Bank raised its position in IQ FTSE International Equity Currency Neutral ETF by 21.5% in the fourth quarter. Comerica Bank now owns 4,807 shares of the company’s stock worth $120,000 after acquiring an additional 852 shares in the last quarter.

IQ 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.