Navellier & Associates Inc. Buys Shares of 19,283 iShares MSCI Emerging Markets Min Vol Factor ETF $EEMV

Navellier & Associates Inc. bought a new stake in iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 19,283 shares of the company’s stock, valued at approximately $1,111,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Virtu Financial LLC acquired a new position in iShares MSCI Emerging Markets Min Vol Factor ETF during the fourth quarter valued at $1,717,000. Parallel Advisors LLC boosted its position in 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 worth $2,798,000 after acquiring an additional 1,372 shares during the period. Captrust Financial Advisors boosted its position in 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 worth $17,526,000 after acquiring an additional 3,946 shares during the period. Horizon Investments LLC grew its stake in iShares MSCI Emerging Markets Min Vol Factor ETF by 1.8% during 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 in the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in 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 in the last quarter.

iShares MSCI Emerging Markets Min Vol Factor ETF Price Performance

Shares of EEMV opened at $75.71 on Friday. The business’s 50-day moving average is $73.55 and its 200-day moving average is $70.93. The company has a market capitalization of $5.48 billion, a price-to-earnings ratio of 16.07 and a beta of 0.44. iShares MSCI Emerging Markets Min Vol Factor ETF has a fifty-two week low of $62.48 and a fifty-two week high of $77.39.

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.