iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) Hits New 1-Year High – Should You Buy?

iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) hit a new 52-week high during trading on Friday . The company traded as high as $68.76 and last traded at $68.68, with a volume of 160575 shares changing hands. The stock had previously closed at $67.99.

iShares MSCI Emerging Markets Min Vol Factor ETF Stock Up 1.2%

The stock has a market capitalization of $4.98 billion, a price-to-earnings ratio of 16.07 and a beta of 0.44. The business’s 50-day moving average is $65.96 and its two-hundred day moving average is $64.73.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Rhumbline Advisers boosted its stake in iShares MSCI Emerging Markets Min Vol Factor ETF by 24.0% during the second quarter. Rhumbline Advisers now owns 392,270 shares of the company’s stock worth $24,635,000 after buying an additional 76,005 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 28.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 335,762 shares of the company’s stock valued at $21,086,000 after acquiring an additional 73,502 shares during the last quarter. Rock Creek Group LP purchased a new stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF in the second quarter valued at about $2,215,000. Flow Traders U.S. LLC purchased a new stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF in the third quarter valued at about $1,765,000. Finally, Arkadios Wealth Advisors increased its position in iShares MSCI Emerging Markets Min Vol Factor ETF by 192.6% during the fourth quarter. Arkadios Wealth Advisors now owns 24,567 shares of the company’s stock worth $1,573,000 after purchasing an additional 16,170 shares during the last quarter.

iShares MSCI Emerging Markets Min Vol Factor ETF Company Profile

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.