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

iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV)’s share price reached a new 52-week high on Thursday . The company traded as high as $76.78 and last traded at $76.43, with a volume of 31922 shares changing hands. The stock had previously closed at $75.10.

iShares MSCI Emerging Markets Min Vol Factor ETF Stock Performance

The business’s 50 day moving average is $71.98 and its 200-day moving average is $67.90. The firm has a market capitalization of $5.54 billion, a price-to-earnings 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 stock. JPMorgan Chase & Co. grew its position 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 worth $21,603,000 after purchasing an additional 2,690 shares during the last quarter. Burkett Financial Services LLC boosted its position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 3.2% during the 4th quarter. Burkett Financial Services LLC now owns 287,720 shares of the company’s stock valued at $18,426,000 after acquiring an additional 8,938 shares in the last quarter. Captrust Financial Advisors boosted its position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 1.5% during the 4th quarter. Captrust Financial Advisors now owns 273,675 shares of the company’s stock valued at $17,526,000 after acquiring an additional 3,946 shares in the last quarter. Horizon Investments LLC boosted its position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 4.2% during the 4th quarter. Horizon Investments LLC now owns 59,613 shares of the company’s stock valued at $3,818,000 after acquiring an additional 2,403 shares in the last quarter. Finally, Parallel Advisors LLC boosted its position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 3.2% during the 4th quarter. Parallel Advisors LLC now owns 43,683 shares of the company’s stock valued at $2,798,000 after acquiring an additional 1,372 shares in 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.