iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) Trading Down 0.6% – What’s Next?

Shares of iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) fell 0.6% during trading on Tuesday . The company traded as low as $37.3750 and last traded at $37.43. 33,601 shares traded hands during mid-day trading, The stock had previously closed at $37.65.

iShares Currency Hedged MSCI Emerging Markets ETF Price Performance

The firm has a market capitalization of $215.82 million, a PE ratio of 13.80 and a beta of 0.53. The stock has a 50-day moving average price of $35.35 and a 200-day moving average price of $33.66.

Institutional Investors Weigh In On iShares Currency Hedged MSCI Emerging Markets ETF

A number of institutional investors have recently bought and sold shares of the business. Jones Financial Companies Lllp acquired a new position in shares of iShares Currency Hedged MSCI Emerging Markets ETF in the 1st quarter valued at $299,000. Ameriprise Financial Inc. boosted its position in shares of iShares Currency Hedged MSCI Emerging Markets ETF by 4.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 26,248 shares of the company’s stock valued at $884,000 after acquiring an additional 1,146 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in iShares Currency Hedged MSCI Emerging Markets ETF in the third quarter valued at about $204,000.

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.