iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) Hits New 12-Month High – Here’s What Happened

iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $68.76 and last traded at $68.68, with a volume of 160575 shares trading hands. The stock had previously closed at $67.99.

iShares MSCI Emerging Markets Min Vol Factor ETF Stock Up 1.2%

The stock has a market capitalization of $4.98 billion, a PE ratio of 16.07 and a beta of 0.44. The stock has a fifty day moving average of $65.96 and a 200-day moving average of $64.73.

Hedge Funds Weigh In On iShares MSCI Emerging Markets Min Vol Factor ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. YANKCOM Partnership acquired a new stake in iShares MSCI Emerging Markets Min Vol Factor ETF in the fourth quarter valued at approximately $34,000. Sunbelt Securities Inc. grew its holdings in iShares MSCI Emerging Markets Min Vol Factor ETF by 433.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 624 shares of the company’s stock worth $40,000 after acquiring an additional 507 shares in the last quarter. Carolina Wealth Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF in the 4th quarter valued at approximately $41,000. EverSource Wealth Advisors LLC raised its holdings in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 785.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 735 shares of the company’s stock valued at $47,000 after purchasing an additional 652 shares in the last quarter. Finally, Grey Fox Wealth Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF in the 3rd quarter valued at $77,000.

About iShares MSCI Emerging Markets Min Vol Factor ETF

The iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV) is an exchange-traded fund that is based on the MSCI EM Minimum Volatility (USD) index. The fund tracks an index of emerging markets firms selected and weighted to create a low volatility portfolio. EEMV was launched on Oct 18, 2011 and is managed by BlackRock.