iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) Trading 0.3% Higher – Still a Buy?

iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) shares shot up 0.3% during mid-day trading on Monday . The stock traded as high as $65.37 and last traded at $65.27. 272,323 shares were traded during trading, The stock had previously closed at $65.05.

iShares MSCI Emerging Markets Min Vol Factor ETF Trading Down 0.9%

The stock’s fifty day moving average price is $64.52 and its two-hundred day moving average price is $63.06. The firm has a market capitalization of $4.68 billion, a price-to-earnings ratio of 16.07 and a beta of 0.44.

Hedge Funds Weigh In On iShares MSCI Emerging Markets Min Vol Factor ETF

Large investors have recently made changes to their positions in the stock. SouthState Corp purchased a new stake in iShares MSCI Emerging Markets Min Vol Factor ETF in the first quarter valued at approximately $26,000. Alpine Bank Wealth Management purchased a new position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF in the second quarter valued at about $27,000. Grey Fox Wealth Advisors LLC purchased a new stake in iShares MSCI Emerging Markets Min Vol Factor ETF in the 3rd quarter worth approximately $77,000. AdvisorNet Financial Inc lifted its stake 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 during the period. Finally, Farther Finance Advisors LLC increased its position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 53.8% during the second quarter. Farther Finance Advisors LLC now owns 1,893 shares of the company’s stock valued at $119,000 after buying an additional 662 shares during the period.

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.