iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) Shares Down 0.8%

iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) traded down 0.8% on Wednesday . The company traded as low as $28.00 and last traded at $28.03. 53,322 shares traded hands during trading, The stock had previously closed at $28.27.

iShares Currency Hedged MSCI Emerging Markets ETF Trading Down 0.7 %

The firm has a market capitalization of $172.91 million, a P/E ratio of 12.20 and a beta of 0.73. The stock has a 50-day simple moving average of $26.88 and a two-hundred day simple moving average of $26.59.

Institutional Trading of iShares Currency Hedged MSCI Emerging Markets ETF

An institutional investor recently raised its position in iShares Currency Hedged MSCI Emerging Markets ETF stock. TIAA Trust National Association raised its holdings in shares of iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) by 63.4% during the first quarter, according to its most recent filing with the SEC. The firm owned 770,684 shares of the company’s stock after purchasing an additional 299,017 shares during the period. TIAA Trust National Association owned 12.82% of iShares Currency Hedged MSCI Emerging Markets ETF worth $19,771,000 at the end of the most recent reporting period.

iShares Currency Hedged MSCI Emerging Markets ETF Company Profile

The iShares Currency Hedged MSCI Emerging Markets ETF (HEEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of broad emerging market equities with currency exposure from the underlying stocks hedged out for USD investors. HEEM was launched on Sep 23, 2014 and is managed by BlackRock.