iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) Stock Price Down 3% – What’s Next?

iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) shares were down 3% on Monday . The stock traded as low as $71.94 and last traded at $72.08. Approximately 149,084 shares were traded during trading, a decline of 61% from the average daily volume of 378,946 shares. The stock had previously closed at $74.28.

iShares MSCI Emerging Markets Min Vol Factor ETF Price Performance

The stock’s fifty day simple moving average is $73.88 and its 200-day simple moving average is $69.20. The stock has a market cap of $5.22 billion, a P/E ratio of 16.07 and a beta of 0.44.

Institutional Trading of iShares MSCI Emerging Markets Min Vol Factor ETF

Several hedge funds have recently made changes to their positions in the stock. Burkett Financial Services LLC increased its position in iShares MSCI Emerging Markets Min Vol Factor ETF by 3.2% in the fourth 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 during the period. Virtu Financial LLC acquired a new position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF during the fourth quarter valued at $1,717,000. Plimoth Trust Co. LLC boosted its holdings in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 7.8% during the first quarter. Plimoth Trust Co. LLC now owns 33,583 shares of the company’s stock valued at $2,174,000 after acquiring an additional 2,422 shares during the period. Janney Montgomery Scott LLC grew its position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 2.4% during the first quarter. Janney Montgomery Scott LLC now owns 42,789 shares of the company’s stock worth $2,770,000 after acquiring an additional 985 shares during the last quarter. Finally, Parallel Advisors LLC grew its position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 3.2% during the fourth quarter. Parallel Advisors LLC now owns 43,683 shares of the company’s stock worth $2,798,000 after acquiring an additional 1,372 shares during the last quarter.

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.