iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) Stock Cross Above Two Hundred Day Moving Average – Here’s Why

Shares of iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) passed above its 200-day moving average during trading on Thursday . The stock has a 200-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 trading hands.

iShares MSCI Emerging Markets Min Vol Factor ETF Price Performance

The company has a fifty day moving average price of $61.14 and a 200 day moving average price of $59.20. The company has a market capitalization of $4.67 billion, a P/E ratio of 13.64 and a beta of 0.53.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of EEMV. Mosaic Family Wealth Partners LLC raised its stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 18.2% in the 1st quarter. Mosaic Family Wealth Partners LLC now owns 6,051 shares of the company’s stock worth $342,000 after buying an additional 930 shares in the last quarter. Plimoth Trust Co. LLC raised its position in iShares MSCI Emerging Markets Min Vol Factor ETF by 4.6% in 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 acquired a new stake in iShares MSCI Emerging Markets Min Vol Factor ETF in the 2nd quarter valued at about $210,000. Godshalk Welsh Capital Management Inc. boosted its position in shares of 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 valued at $378,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Burkett Financial Services LLC grew its stake in shares of 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 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.