Burkett Financial Services LLC Lowers Position in iShares MSCI Emerging Markets Min Vol Factor ETF $EEMV

Burkett Financial Services LLC lessened its stake in iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) by 99.6% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,033 shares of the company’s stock after selling 288,480 shares during the quarter. Burkett Financial Services LLC’s holdings in iShares MSCI Emerging Markets Min Vol Factor ETF were worth $78,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Bartlett & CO. Wealth Management LLC grew its holdings in iShares MSCI Emerging Markets Min Vol Factor ETF by 56.7% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 2,570 shares of the company’s stock worth $181,000 after buying an additional 930 shares in the last quarter. Bessemer Group Inc. lifted its stake in 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 acquiring an additional 3,773 shares in the last quarter. Plimoth Trust Co. LLC boosted its holdings in iShares MSCI Emerging Markets Min Vol Factor ETF by 7.8% during the 1st quarter. Plimoth Trust Co. LLC now owns 33,583 shares of the company’s stock worth $2,174,000 after acquiring an additional 2,422 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in iShares MSCI Emerging Markets Min Vol Factor ETF by 2.4% during the 1st 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, Virtu Financial LLC purchased a new position in iShares MSCI Emerging Markets Min Vol Factor ETF during the 4th quarter worth $1,717,000.

iShares MSCI Emerging Markets Min Vol Factor ETF Price Performance

BATS EEMV opened at $71.99 on Tuesday. The company has a fifty day moving average price of $73.67 and a 200-day moving average price of $69.93. The firm has a market cap of $5.21 billion, a price-to-earnings ratio of 16.07 and a beta of 0.44. iShares MSCI Emerging Markets Min Vol Factor ETF has a 1 year low of $62.27 and a 1 year high of $77.39.

iShares MSCI Emerging Markets Min Vol Factor ETF 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.