iShares MSCI EAFE Min Vol Factor ETF $EFAV Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lowered its position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 74.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 306,805 shares of the company’s stock after selling 884,504 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.47% of iShares MSCI EAFE Min Vol Factor ETF worth $26,462,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Cornerstone Wealth Management LLC lifted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 2.3% in the 4th quarter. Cornerstone Wealth Management LLC now owns 7,937 shares of the company’s stock valued at $685,000 after buying an additional 182 shares during the period. Western Wealth Management LLC lifted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 22.9% in the 4th quarter. Western Wealth Management LLC now owns 4,988 shares of the company’s stock valued at $430,000 after buying an additional 931 shares during the period. Moneco Advisors LLC lifted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 3.4% in the 4th quarter. Moneco Advisors LLC now owns 11,923 shares of the company’s stock valued at $1,028,000 after buying an additional 390 shares during the period. Ameritas Advisory Services LLC lifted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 347.2% in the 4th quarter. Ameritas Advisory Services LLC now owns 6,448 shares of the company’s stock valued at $556,000 after buying an additional 5,006 shares during the period. Finally, World Investment Advisors lifted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.7% in the 4th quarter. World Investment Advisors now owns 59,391 shares of the company’s stock valued at $5,122,000 after buying an additional 989 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Stock Down 0.0%

Shares of EFAV stock opened at $91.64 on Wednesday. The stock has a market cap of $5.98 billion, a PE ratio of 16.91 and a beta of 0.57. The business has a 50-day simple moving average of $91.34 and a 200-day simple moving average of $89.22. iShares MSCI EAFE Min Vol Factor ETF has a 52-week low of $81.66 and a 52-week high of $95.13.

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.