Baird Financial Group Inc. Has $8.68 Million Stake in iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV)

Baird Financial Group Inc. reduced its holdings in iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) by 1.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 149,652 shares of the company’s stock after selling 1,602 shares during the period. Baird Financial Group Inc. owned 0.19% of iShares MSCI Emerging Markets Min Vol Factor ETF worth $8,678,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EEMV. Janney Montgomery Scott LLC boosted its stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 87.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 49,651 shares of the company’s stock worth $2,879,000 after acquiring an additional 23,110 shares during the period. OLD Mission Capital LLC boosted its position in iShares MSCI Emerging Markets Min Vol Factor ETF by 399.4% during the fourth quarter. OLD Mission Capital LLC now owns 437,394 shares of the company’s stock worth $25,364,000 after purchasing an additional 349,812 shares during the period. Godshalk Welsh Capital Management Inc. increased its holdings in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 9.9% in the fourth quarter. Godshalk Welsh Capital Management Inc. now owns 7,800 shares of the company’s stock valued at $452,000 after purchasing an additional 700 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 23.0% in the third quarter. JPMorgan Chase & Co. now owns 338,249 shares of the company’s stock valued at $21,208,000 after purchasing an additional 63,281 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF during the 3rd quarter worth about $71,000.

iShares MSCI Emerging Markets Min Vol Factor ETF Stock Performance

BATS:EEMV opened at $60.01 on Friday. The business’s fifty day moving average price is $58.10 and its 200 day moving average price is $58.81. The firm has a market cap of $4.26 billion, a PE ratio of 15.10 and a beta of 0.46.

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.