iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) Hits New 12-Month High – Time to Buy?

Shares of iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) reached a new 52-week high during trading on Wednesday . The company traded as high as $68.48 and last traded at $68.45, with a volume of 3397 shares. The stock had previously closed at $68.08.

iShares MSCI Emerging Markets Min Vol Factor ETF Stock Up 0.6%

The firm’s 50-day moving average is $65.46 and its 200-day moving average is $64.49. The company has a market capitalization of $4.96 billion, a PE ratio of 16.07 and a beta of 0.44.

Institutional Trading of iShares MSCI Emerging Markets Min Vol Factor ETF

Several hedge funds and other institutional investors have recently bought and sold shares 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 approximately $34,000. Sunbelt Securities Inc. grew its position 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 during the last quarter. Carolina Wealth Advisors LLC bought a new stake in iShares MSCI Emerging Markets Min Vol Factor ETF in the fourth quarter valued at approximately $41,000. EverSource Wealth Advisors LLC boosted its stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 785.5% during 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 bought a new position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF in the third quarter worth approximately $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.