iShares MSCI Emerging Markets Min Vol Factor ETF $EEMV Position Increased by Parallel Advisors LLC

Parallel Advisors LLC boosted its holdings in iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) by 26.9% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 42,311 shares of the company’s stock after buying an additional 8,958 shares during the quarter. Parallel Advisors LLC’s holdings in iShares MSCI Emerging Markets Min Vol Factor ETF were worth $2,701,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of EEMV. Grey Fox Wealth Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF during the 3rd quarter valued at $77,000. AdvisorNet Financial Inc grew its holdings in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 20.6% in the 3rd quarter. AdvisorNet Financial Inc now owns 1,216 shares of the company’s stock worth $78,000 after acquiring an additional 208 shares during the last quarter. Kingswood Wealth Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF during the third quarter worth $202,000. Cary Street Partners Financial LLC acquired a new stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF during the third quarter worth $213,000. Finally, Farther Finance Advisors LLC lifted its holdings in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 168.5% during the third quarter. Farther Finance Advisors LLC now owns 5,083 shares of the company’s stock valued at $324,000 after purchasing an additional 3,190 shares during the last quarter.

iShares MSCI Emerging Markets Min Vol Factor ETF Stock Up 1.4%

BATS:EEMV opened at $65.69 on Tuesday. iShares MSCI Emerging Markets Min Vol Factor ETF has a 1-year low of $53.87 and a 1-year high of $69.61. The firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of 16.07 and a beta of 0.44. The stock has a fifty day simple moving average of $66.78 and a 200 day simple moving average of $65.14.

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.