Amarillo National Bank Sells 2,854 Shares of iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM)

Amarillo National Bank cut its stake in shares of iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) by 0.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 448,844 shares of the company’s stock after selling 2,854 shares during the period. iShares Currency Hedged MSCI Emerging Markets ETF comprises 2.3% of Amarillo National Bank’s portfolio, making the stock its 12th biggest holding. Amarillo National Bank owned 0.07% of iShares Currency Hedged MSCI Emerging Markets ETF worth $12,756,000 as of its most recent SEC filing.

Separately, TIAA Trust National Association increased its position in shares of iShares Currency Hedged MSCI Emerging Markets ETF by 63.4% during the first quarter. TIAA Trust National Association now owns 770,684 shares of the company’s stock valued at $19,771,000 after buying an additional 299,017 shares during the period.

iShares Currency Hedged MSCI Emerging Markets ETF Stock Performance

Shares of HEEM opened at $28.43 on Friday. The firm’s fifty day moving average is $27.80 and its 200-day moving average is $27.08. The company has a market capitalization of $170.89 million, a PE ratio of 12.20 and a beta of 0.73.

iShares Currency Hedged MSCI Emerging Markets ETF 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.