iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) Share Price Pass Above 200 Day Moving Average – Here’s What Happened

Shares of iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $27.40 and traded as high as $27.48. iShares Currency Hedged MSCI Emerging Markets ETF shares last traded at $27.46, with a volume of 5,018 shares trading hands.

iShares Currency Hedged MSCI Emerging Markets ETF Stock Down 0.2 %

The stock has a market cap of $165.03 million, a PE ratio of 12.20 and a beta of 0.73. The business has a 50 day moving average price of $28.27 and a 200 day moving average price of $27.40.

Hedge Funds Weigh In On iShares Currency Hedged MSCI Emerging Markets ETF

A hedge fund recently bought a new stake in iShares Currency Hedged MSCI Emerging Markets ETF stock. Amarillo National Bank acquired a new stake in iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 451,698 shares of the company’s stock, valued at approximately $12,241,000. iShares Currency Hedged MSCI Emerging Markets ETF makes up approximately 2.3% of Amarillo National Bank’s holdings, making the stock its 13th largest position. Amarillo National Bank owned about 7.52% of iShares Currency Hedged MSCI Emerging Markets ETF at the end of the most recent quarter.

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.