iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) Shares Up 0.2% – Still a Buy?

iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) shares were up 0.2% during mid-day trading on Tuesday. The stock traded as high as $38.95 and last traded at $38.81. 10,294 shares were traded during mid-day trading, a decline of 85% from the average session volume of 69,207 shares. The stock had previously closed at $38.75.

iShares Currency Hedged MSCI Emerging Markets ETF Trading Up 0.2%

The business’s fifty day moving average is $41.51 and its 200 day moving average is $40.78. The firm has a market capitalization of $219.66 million, a P/E ratio of 13.80 and a beta of 0.53.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in iShares Currency Hedged MSCI Emerging Markets ETF stock. Kingswood Wealth Advisors LLC raised its stake in iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) by 1.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 80,388 shares of the company’s stock after buying an additional 1,225 shares during the period. Kingswood Wealth Advisors LLC owned approximately 1.42% of iShares Currency Hedged MSCI Emerging Markets ETF worth $3,396,000 as of its most recent filing with the SEC.

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.