iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) Reaches New 12-Month High – Should You Buy?

iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $73.08 and last traded at $73.03, with a volume of 159939 shares traded. The stock had previously closed at $71.51.

iShares MSCI Emerging Markets Min Vol Factor ETF Stock Performance

The firm has a 50-day moving average price of $67.03 and a 200-day moving average price of $66.07. The stock has a market cap of $5.29 billion, a PE ratio of 16.07 and a beta of 0.44.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC boosted its holdings in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 0.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 41,804 shares of the company’s stock valued at $2,677,000 after acquiring an additional 163 shares during the last quarter. Whipplewood Advisors LLC raised its holdings in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 1.2% during the third quarter. Whipplewood Advisors LLC now owns 21,602 shares of the company’s stock valued at $1,379,000 after purchasing an additional 265 shares during the last quarter. Sunbelt Securities Inc. lifted its position in iShares MSCI Emerging Markets Min Vol Factor ETF by 433.3% during the third quarter. Sunbelt Securities Inc. now owns 624 shares of the company’s stock valued at $40,000 after purchasing an additional 507 shares during the period. YANKCOM Partnership purchased a new stake in iShares MSCI Emerging Markets Min Vol Factor ETF in the fourth quarter worth approximately $34,000. Finally, Carolina Wealth Advisors LLC purchased a new stake in iShares MSCI Emerging Markets Min Vol Factor ETF in the fourth quarter worth approximately $41,000.

iShares MSCI Emerging Markets Min Vol Factor ETF Company Profile

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.