Lester Murray Antman dba SimplyRich Has $15.08 Million Stake in iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV)

Lester Murray Antman dba SimplyRich grew its stake in iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) by 3.7% during the 4th quarter, HoldingsChannel reports. The fund owned 260,123 shares of the company’s stock after purchasing an additional 9,245 shares during the quarter. iShares MSCI Emerging Markets Min Vol Factor ETF comprises 4.3% of Lester Murray Antman dba SimplyRich’s holdings, making the stock its 4th biggest position. Lester Murray Antman dba SimplyRich’s holdings in iShares MSCI Emerging Markets Min Vol Factor ETF were worth $15,084,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of EEMV. Wilmington Savings Fund Society FSB purchased a new position in iShares MSCI Emerging Markets Min Vol Factor ETF in the 3rd quarter worth approximately $71,000. IHT Wealth Management LLC bought a new stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF in the 3rd quarter worth $202,000. Whittier Trust Co. raised its stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 8.9% in the third quarter. Whittier Trust Co. now owns 3,271 shares of the company’s stock worth $205,000 after purchasing an additional 267 shares during the last quarter. Kingswood Wealth Advisors LLC lifted its holdings in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 5.2% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 4,068 shares of the company’s stock valued at $236,000 after purchasing an additional 200 shares in the last quarter. Finally, Cable Hill Partners LLC bought a new position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF during the third quarter valued at $284,000.

iShares MSCI Emerging Markets Min Vol Factor ETF Price Performance

BATS EEMV opened at $58.65 on Wednesday. The stock has a 50 day simple moving average of $58.57 and a 200-day simple moving average of $59.67. The company has a market cap of $4.57 billion, a P/E ratio of 13.64 and a beta of 0.53.

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.