iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) Shares Down 0.6% – Should You Sell?

Shares of iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) fell 0.6% during mid-day trading on Friday . The company traded as low as $28.67 and last traded at $28.76. 15,880 shares were traded during trading, The stock had previously closed at $28.92.

iShares Currency Hedged MSCI Emerging Markets ETF Price Performance

The stock has a market capitalization of $163.07 million, a P/E ratio of 14.81 and a beta of 0.61. The stock’s fifty day moving average price is $27.93 and its 200 day moving average price is $27.86.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares Currency Hedged MSCI Emerging Markets ETF stock. TIAA Trust National Association grew its stake in iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) by 5.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 767,630 shares of the company’s stock after buying an additional 41,039 shares during the period. TIAA Trust National Association owned 12.77% of iShares Currency Hedged MSCI Emerging Markets ETF worth $20,747,000 at the end of the most recent quarter.

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.