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

Parallel Advisors LLC boosted its stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) by 26.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,311 shares of the company’s stock after purchasing an additional 8,958 shares during the quarter. Parallel Advisors LLC owned approximately 0.06% of iShares MSCI Emerging Markets Min Vol Factor ETF worth $2,701,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Rhumbline Advisers increased its position in iShares MSCI Emerging Markets Min Vol Factor ETF by 24.0% in the second quarter. Rhumbline Advisers now owns 392,270 shares of the company’s stock worth $24,635,000 after buying an additional 76,005 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 28.0% during the second quarter. JPMorgan Chase & Co. now owns 335,762 shares of the company’s stock valued at $21,086,000 after acquiring an additional 73,502 shares during the period. Rock Creek Group LP bought a new position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF during the second quarter worth about $2,215,000. Cary Street Partners Financial LLC acquired a new stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF in the 3rd quarter worth about $213,000. Finally, Farther Finance Advisors LLC increased its holdings in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 168.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 5,083 shares of the company’s stock worth $324,000 after acquiring an additional 3,190 shares during the period.

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

Shares of BATS:EEMV opened at $65.69 on Tuesday. The company’s 50-day moving average price is $66.78 and its 200 day moving average price is $65.14. The company has a market cap of $4.76 billion, a PE ratio of 16.07 and a beta of 0.44. iShares MSCI Emerging Markets Min Vol Factor ETF has a fifty-two week low of $53.87 and a fifty-two week high of $69.61.

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.