TIAA Trust National Association Acquires 41,039 Shares of iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM)

TIAA Trust National Association grew its holdings in shares of iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) by 5.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 767,630 shares of the company’s stock after purchasing an additional 41,039 shares during the quarter. TIAA Trust National Association owned approximately 12.77% of iShares Currency Hedged MSCI Emerging Markets ETF worth $20,747,000 at the end of the most recent reporting period.

iShares Currency Hedged MSCI Emerging Markets ETF Price Performance

BATS:HEEM opened at $28.67 on Wednesday. The stock has a 50-day moving average price of $28.01 and a two-hundred day moving average price of $27.91. The stock has a market capitalization of $162.56 million, a P/E ratio of 14.81 and a beta of 0.61.

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.