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

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

iShares Currency Hedged MSCI Emerging Markets ETF Price Performance

The company has a 50-day moving average of $26.88 and a 200 day moving average of $26.59. The company has a market cap of $172.91 million, a PE ratio of 12.20 and a beta of 0.73.

Hedge Funds Weigh In On 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 position in shares of iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) by 63.4% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 770,684 shares of the company’s stock after acquiring an additional 299,017 shares during the period. TIAA Trust National Association owned approximately 12.82% of iShares Currency Hedged MSCI Emerging Markets ETF worth $19,771,000 as of its most recent filing with the Securities & Exchange Commission.

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.