iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) Shares Pass Above 200-Day Moving Average – Here’s What Happened

iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $59.20 and traded as high as $59.99. iShares MSCI Emerging Markets Min Vol Factor ETF shares last traded at $59.83, with a volume of 148,877 shares.

iShares MSCI Emerging Markets Min Vol Factor ETF Stock Performance

The firm has a market capitalization of $4.67 billion, a P/E ratio of 13.64 and a beta of 0.53. The stock has a 50 day moving average of $61.12 and a 200-day moving average of $59.20.

Institutional Trading of iShares MSCI Emerging Markets Min Vol Factor ETF

A number of institutional investors have recently modified their holdings of EEMV. Plimoth Trust Co. LLC lifted its position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 4.6% during the third quarter. Plimoth Trust Co. LLC now owns 29,650 shares of the company’s stock worth $1,859,000 after acquiring an additional 1,297 shares in the last quarter. Magnolia Capital Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF during the 2nd quarter valued at $210,000. Godshalk Welsh Capital Management Inc. lifted its holdings in iShares MSCI Emerging Markets Min Vol Factor ETF by 17.9% during the 2nd quarter. Godshalk Welsh Capital Management Inc. now owns 6,600 shares of the company’s stock worth $378,000 after purchasing an additional 1,000 shares in the last quarter. Burkett Financial Services LLC boosted its stake in iShares MSCI Emerging Markets Min Vol Factor ETF by 2.5% in the 3rd quarter. Burkett Financial Services LLC now owns 255,904 shares of the company’s stock worth $16,045,000 after purchasing an additional 6,240 shares during the period. Finally, Frontier Asset Management LLC grew its holdings in iShares MSCI Emerging Markets Min Vol Factor ETF by 0.4% during the 2nd quarter. Frontier Asset Management LLC now owns 256,873 shares of the company’s stock valued at $14,696,000 after buying an additional 1,104 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.