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 trading on Thursday . The stock traded as high as $69.62 and last traded at $69.29, with a volume of 5203 shares traded. The stock had previously closed at $69.17.

iShares MSCI Emerging Markets Min Vol Factor ETF Stock Up 2.0%

The firm has a 50-day moving average price of $66.56 and a 200 day moving average price of $65.54. The firm has a market capitalization of $5.12 billion, a PE ratio of 16.07 and a beta of 0.44.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. YANKCOM Partnership purchased a new position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF during the fourth quarter worth $34,000. Sunbelt Securities Inc. boosted its position in shares of 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 worth $40,000 after buying an additional 507 shares during the period. Carolina Wealth Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF during the fourth quarter worth $41,000. EverSource Wealth Advisors LLC boosted its holdings in iShares MSCI Emerging Markets Min Vol Factor ETF by 785.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 735 shares of the company’s stock valued at $47,000 after purchasing an additional 652 shares during the period. Finally, Grey Fox Wealth Advisors LLC purchased a new position in iShares MSCI Emerging Markets Min Vol Factor ETF in the third quarter valued at $77,000.

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.