Parallel Advisors LLC Cuts Position in iShares MSCI Emerging Markets Min Vol Factor ETF $EEMV

Parallel Advisors LLC trimmed its holdings in shares of iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) by 33.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,167 shares of the company’s stock after selling 14,516 shares during the period. Parallel Advisors LLC’s holdings in iShares MSCI Emerging Markets Min Vol Factor ETF were worth $1,888,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Virtu Financial LLC purchased a new position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF in the 4th quarter valued at $1,717,000. EverSource Wealth Advisors LLC boosted its position in 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 worth $47,000 after purchasing an additional 652 shares during the period. Horizon Investments LLC increased its holdings in iShares MSCI Emerging Markets Min Vol Factor ETF by 4.2% in the 4th quarter. Horizon Investments LLC now owns 59,613 shares of the company’s stock valued at $3,818,000 after purchasing an additional 2,403 shares in the last quarter. YANKCOM Partnership acquired a new stake in iShares MSCI Emerging Markets Min Vol Factor ETF in the 4th quarter valued at $34,000. Finally, JPMorgan Chase & Co. raised its position in iShares MSCI Emerging Markets Min Vol Factor ETF by 0.8% in the third quarter. JPMorgan Chase & Co. now owns 338,452 shares of the company’s stock valued at $21,603,000 after purchasing an additional 2,690 shares during the period.

iShares MSCI Emerging Markets Min Vol Factor ETF Price Performance

Shares of EEMV opened at $72.54 on Wednesday. The stock’s 50-day moving average is $73.78 and its two-hundred day moving average is $69.52. The stock has a market cap of $5.25 billion, a PE ratio of 16.07 and a beta of 0.44. iShares MSCI Emerging Markets Min Vol Factor ETF has a 12 month low of $61.78 and a 12 month high of $77.39.

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.