iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) Share Price Cross Above Two Hundred Day Moving Average – Time to Sell?

iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) 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 Stock Up 0.1 %

The company’s 50-day moving average is $28.30 and its 200 day moving average is $27.41. The company has a market cap of $165.15 million, a price-to-earnings 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 bought a new position in iShares Currency Hedged MSCI Emerging Markets ETF stock. Amarillo National Bank acquired a new position in shares of iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 451,698 shares of the company’s stock, valued at approximately $12,241,000. iShares Currency Hedged MSCI Emerging Markets ETF accounts for about 2.3% of Amarillo National Bank’s portfolio, making the stock its 13th biggest position. Amarillo National Bank owned about 7.52% of iShares Currency Hedged MSCI Emerging Markets ETF as of its most recent filing with the SEC.

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.