iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM – Get Free Report) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 15,113 shares, a decrease of 38.1% from the June 30th total of 24,429 shares. Based on an average trading volume of 341,416 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.3% of the shares of the company are sold short.
iShares Currency Hedged MSCI Emerging Markets ETF Price Performance
Shares of HEEM stock opened at $39.16 on Thursday. The company has a fifty day moving average price of $43.17 and a two-hundred day moving average price of $40.27. iShares Currency Hedged MSCI Emerging Markets ETF has a one year low of $30.18 and a one year high of $46.49. The stock has a market cap of $221.65 million, a P/E ratio of 13.80 and a beta of 0.53.
Institutional Investors Weigh In On iShares Currency Hedged MSCI Emerging Markets ETF
Several hedge funds have recently bought and sold shares of HEEM. Jones Financial Companies Lllp bought a new position in iShares Currency Hedged MSCI Emerging Markets ETF during the first quarter worth about $299,000. Ameriprise Financial Inc. increased its position in iShares Currency Hedged MSCI Emerging Markets ETF by 4.6% during the third quarter. Ameriprise Financial Inc. now owns 26,248 shares of the company’s stock worth $884,000 after buying an additional 1,146 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in iShares Currency Hedged MSCI Emerging Markets ETF in the third quarter valued at approximately $204,000.
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.
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