iShares MSCI EAFE Min Vol Factor ETF $EFAV Stake Decreased by Portfolio Design Labs LLC

Portfolio Design Labs LLC reduced its stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 5.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 176,157 shares of the company’s stock after selling 10,267 shares during the period. iShares MSCI EAFE Min Vol Factor ETF comprises 2.5% of Portfolio Design Labs LLC’s investment portfolio, making the stock its 7th biggest holding. Portfolio Design Labs LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $15,194,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Ameriprise Financial Inc. lifted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 32.6% during the second quarter. Ameriprise Financial Inc. now owns 767,283 shares of the company’s stock valued at $64,520,000 after purchasing an additional 188,461 shares during the last quarter. UBS Group AG lifted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 9.5% during the third quarter. UBS Group AG now owns 712,195 shares of the company’s stock valued at $60,416,000 after purchasing an additional 61,925 shares during the last quarter. Sei Investments Co. lifted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 1.8% during the third quarter. Sei Investments Co. now owns 633,870 shares of the company’s stock valued at $53,766,000 after purchasing an additional 10,997 shares during the last quarter. Assetmark Inc. lifted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 1.4% during the third quarter. Assetmark Inc. now owns 520,379 shares of the company’s stock valued at $44,144,000 after purchasing an additional 7,260 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 4.6% during the second quarter. Raymond James Financial Inc. now owns 439,656 shares of the company’s stock valued at $36,957,000 after purchasing an additional 19,227 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Stock Up 0.2%

BATS EFAV opened at $89.70 on Wednesday. The company has a market cap of $5.86 billion, a PE ratio of 16.91 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a 52 week low of $81.66 and a 52 week high of $95.13. The firm’s 50-day simple moving average is $91.48 and its two-hundred day simple moving average is $89.79.

iShares MSCI EAFE Min Vol Factor ETF Company Profile

The iShares MSCI EAFE Min Vol Factor ETF (EFAV) is an exchange-traded fund that is based on the MSCI EAFE Minimum Volatility (USD) index. The fund tracks an index of developed-market equities, ex-US and Canada, selected and weighted to create a low volatility portfolio subject to constraints including sector exposure. EFAV was launched on Oct 18, 2011 and is managed by BlackRock.