iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) Hits New 52-Week High – What’s Next?

iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) hit a new 52-week high on Thursday . The company traded as high as $69.62 and last traded at $69.29, with a volume of 5203 shares. The stock had previously closed at $69.17.

iShares MSCI Emerging Markets Min Vol Factor ETF Stock Performance

The firm has a market capitalization of $5.02 billion, a P/E ratio of 16.07 and a beta of 0.44. The business has a 50 day simple moving average of $66.43 and a two-hundred day simple moving average of $65.47.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EEMV. AdvisorNet Financial Inc grew its position in iShares MSCI Emerging Markets Min Vol Factor ETF by 20.6% in the third quarter. AdvisorNet Financial Inc now owns 1,216 shares of the company’s stock worth $78,000 after acquiring an additional 208 shares in the last quarter. Farther Finance Advisors LLC grew its position in iShares MSCI Emerging Markets Min Vol Factor ETF by 168.5% in the third quarter. Farther Finance Advisors LLC now owns 5,083 shares of the company’s stock worth $324,000 after acquiring an additional 3,190 shares in the last quarter. Kingswood Wealth Advisors LLC purchased a new position in iShares MSCI Emerging Markets Min Vol Factor ETF in the third quarter worth $202,000. MorganRosel Wealth Management LLC grew its position in iShares MSCI Emerging Markets Min Vol Factor ETF by 18.4% in the third quarter. MorganRosel Wealth Management LLC now owns 12,011 shares of the company’s stock worth $767,000 after acquiring an additional 1,870 shares in the last quarter. Finally, Grey Fox Wealth Advisors LLC purchased a new position in iShares MSCI Emerging Markets Min Vol Factor ETF in the third quarter worth $77,000.

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.