iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) Stock Price Up 2% – Still a Buy?

Shares of iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) were up 2% during mid-day trading on Monday . The stock traded as high as $76.71 and last traded at $76.65. Approximately 263,454 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 330,565 shares. The stock had previously closed at $75.17.

iShares MSCI Emerging Markets Min Vol Factor ETF Stock Performance

The firm has a market cap of $5.46 billion, a P/E ratio of 16.07 and a beta of 0.44. The business’s 50-day simple moving average is $74.11 and its 200 day simple moving average is $71.86.

Institutional Trading of iShares MSCI Emerging Markets Min Vol Factor ETF

Large investors have recently added to or reduced their stakes in the business. CoreCap Advisors LLC lifted its stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 647.9% during the 2nd quarter. CoreCap Advisors LLC now owns 359 shares of the company’s stock worth $27,000 after acquiring an additional 311 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in iShares MSCI Emerging Markets Min Vol Factor ETF by 785.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 735 shares of the company’s stock worth $47,000 after buying an additional 652 shares during the period. Continuum Advisory LLC bought a new stake in iShares MSCI Emerging Markets Min Vol Factor ETF during the 2nd quarter valued at about $57,000. Bartlett & CO. Wealth Management LLC boosted its position in iShares MSCI Emerging Markets Min Vol Factor ETF by 56.7% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 2,570 shares of the company’s stock valued at $181,000 after buying an additional 930 shares during the period. Finally, Janney Montgomery Scott LLC grew its stake in iShares MSCI Emerging Markets Min Vol Factor ETF by 2.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 42,789 shares of the company’s stock worth $2,770,000 after acquiring an additional 985 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.