Parallel Advisors LLC Trims Stock Holdings in iShares MSCI Emerging Markets Min Vol Factor ETF $EEMV

Parallel Advisors LLC decreased its holdings in shares of iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) by 33.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,167 shares of the company’s stock after selling 14,516 shares during the quarter. Parallel Advisors LLC’s holdings in iShares MSCI Emerging Markets Min Vol Factor ETF were worth $1,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in EEMV. Sunbelt Securities Inc. boosted its holdings in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 433.3% in the third quarter. Sunbelt Securities Inc. now owns 624 shares of the company’s stock worth $40,000 after acquiring an additional 507 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 785.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 735 shares of the company’s stock valued at $47,000 after purchasing an additional 652 shares during the period. Bartlett & CO. Wealth Management LLC raised its stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 56.7% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 2,570 shares of the company’s stock valued at $181,000 after purchasing an additional 930 shares during the period. Bessemer Group Inc. raised its stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 1,662.1% during the 1st quarter. Bessemer Group Inc. now owns 4,000 shares of the company’s stock valued at $259,000 after purchasing an additional 3,773 shares during the period. Finally, Farther Finance Advisors LLC lifted its holdings in iShares MSCI Emerging Markets Min Vol Factor ETF by 40.3% during the 4th quarter. Farther Finance Advisors LLC now owns 7,129 shares of the company’s stock worth $457,000 after purchasing an additional 2,046 shares in the last quarter.

iShares MSCI Emerging Markets Min Vol Factor ETF Stock Performance

Shares of EEMV opened at $73.08 on Friday. iShares MSCI Emerging Markets Min Vol Factor ETF has a 52-week low of $62.48 and a 52-week high of $77.39. The stock’s 50-day simple moving average is $73.58 and its 200 day simple moving average is $70.08. The stock has a market capitalization of $5.29 billion, a price-to-earnings ratio of 16.07 and a beta of 0.44.

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.