iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) Stock Price Cross Above 200-Day Moving Average – What’s Next?

iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) shares crossed 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.

iShares Currency Hedged MSCI Emerging Markets ETF Price Performance

The business has a 50-day moving average price of $28.30 and a two-hundred day moving average price of $27.41. The firm has a market cap of $165.15 million, a PE ratio of 12.20 and a beta of 0.73.

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

An institutional investor recently bought a new position in iShares Currency Hedged MSCI Emerging Markets ETF stock. Amarillo National Bank purchased a new position in iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 451,698 shares of the company’s stock, valued at approximately $12,241,000. iShares Currency Hedged MSCI Emerging Markets ETF comprises about 2.3% of Amarillo National Bank’s holdings, making the stock its 13th largest holding. Amarillo National Bank owned about 7.52% of iShares Currency Hedged MSCI Emerging Markets ETF at the end of the most recent reporting period.

About iShares Currency Hedged MSCI Emerging Markets ETF

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.