iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) Hits New 1-Year High – Here’s Why

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

iShares MSCI Emerging Markets Min Vol Factor ETF Trading Up 1.9%

The firm has a market cap of $5.54 billion, a PE ratio of 16.07 and a beta of 0.44. The company’s 50-day moving average is $71.98 and its 200 day moving average is $67.90.

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

Several hedge funds have recently made changes to their positions in EEMV. Parallel Advisors LLC lifted its position 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 worth $2,701,000 after buying an additional 8,958 shares in the last quarter. Burkett Financial Services LLC lifted its position in iShares MSCI Emerging Markets Min Vol Factor ETF by 3.2% in the 4th quarter. Burkett Financial Services LLC now owns 287,720 shares of the company’s stock worth $18,426,000 after buying an additional 8,938 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 785.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 735 shares of the company’s stock valued at $47,000 after purchasing an additional 652 shares in the last quarter. Horizon Investments LLC raised its holdings 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 purchasing an additional 2,403 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 40.3% during the 4th quarter. Farther Finance Advisors LLC now owns 7,129 shares of the company’s stock valued at $457,000 after purchasing an additional 2,046 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.