iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) Sets New 52-Week High – Should You Buy?

Shares of iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) hit a new 52-week high on Tuesday . The stock traded as high as $74.47 and last traded at $74.47, with a volume of 5397 shares trading hands. The stock had previously closed at $72.55.

iShares MSCI Emerging Markets Min Vol Factor ETF Price Performance

The stock has a market capitalization of $5.39 billion, a price-to-earnings ratio of 16.07 and a beta of 0.44. The business has a fifty day moving average of $68.50 and a 200-day moving average of $66.72.

Institutional Investors Weigh In On iShares MSCI Emerging Markets Min Vol Factor ETF

A number of institutional investors and hedge funds have recently bought and sold shares of EEMV. Whipplewood Advisors LLC lifted its holdings in iShares MSCI Emerging Markets Min Vol Factor ETF by 1.2% in the 3rd quarter. Whipplewood Advisors LLC now owns 21,602 shares of the company’s stock valued at $1,379,000 after acquiring an additional 265 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares MSCI Emerging Markets Min Vol Factor ETF by 0.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 338,452 shares of the company’s stock valued at $21,603,000 after acquiring an additional 2,690 shares during the last quarter. Cary Street Partners Financial LLC acquired a new stake in iShares MSCI Emerging Markets Min Vol Factor ETF in the 3rd quarter valued at about $213,000. Parallel Advisors LLC lifted its holdings in iShares MSCI Emerging Markets Min Vol Factor ETF by 26.9% in the 3rd quarter. Parallel Advisors LLC now owns 42,311 shares of the company’s stock valued at $2,701,000 after acquiring an additional 8,958 shares during the last quarter. Finally, Horizon Investments LLC lifted its holdings in iShares MSCI Emerging Markets Min Vol Factor ETF by 1.8% in the 3rd quarter. Horizon Investments LLC now owns 57,210 shares of the company’s stock valued at $3,652,000 after acquiring an additional 991 shares during the last quarter.

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.