HEEM Stock Summary and Trading Ideas (iShares Currency Hedged MSCI Emerging Markets ETF | BATS:HEEM)

The iShares Currency Hedged MSCI Emerging Markets ETF (the Fund) seeks to track the investment results of an index composed of large- and mid-capitalization equities from emerging market countries while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar.

iShares Currency Hedged MSCI Emerging Markets ETF trades on the BATS stock market under the symbol HEEM.

As of January 31, 2025, HEEM stock price declined to $27.76 with 11,963 million shares trading.

HEEM has a beta of 0.77, meaning it tends to be less sensitive to market movements. HEEM has a correlation of 0.50 to the broad based SPY ETF.

HEEM has a market cap of $151.57 million. This is considered a Micro Cap stock.

In the last 3 years, HEEM traded as high as $30.13 and as low as $22.19.

HEEM has underperformed the market in the last year with a price return of +19.1% while the SPY ETF gained +25.3%. HEEM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning 0.0% and +2.6%, respectively, while the SPY returned +5.2% and +2.8%, respectively.

HEEM support price is $27.59 and resistance is $28.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HEEM shares will trade within this expected range on the day.