iShares MSCI EAFE Min Vol Factor ETF $EFAV Stock Purchased by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. raised its position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 20.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 39,871 shares of the company’s stock after acquiring an additional 6,651 shares during the quarter. Rakuten Investment Management Inc.’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $3,649,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brookstone Capital Management acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the third quarter worth $18,230,000. Ledyard National Bank acquired a new stake in iShares MSCI EAFE Min Vol Factor ETF in the third quarter valued at $14,435,000. Anderson Hoagland & Co. purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter worth about $14,722,000. Fifth Third Bancorp lifted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 5,456.1% during the 1st quarter. Fifth Third Bancorp now owns 111,122 shares of the company’s stock worth $10,153,000 after buying an additional 109,122 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 98.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 213,922 shares of the company’s stock worth $19,546,000 after acquiring an additional 106,290 shares in the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

Shares of BATS:EFAV traded down $1.26 on Friday, hitting $95.13. 699,557 shares of the company’s stock were exchanged, compared to its average volume of 538,324. iShares MSCI EAFE Min Vol Factor ETF has a 1-year low of $83.85 and a 1-year high of $98.07. The company has a market capitalization of $6.21 billion, a PE ratio of 16.91 and a beta of 0.57. The firm’s 50-day moving average is $93.76 and its 200 day moving average is $91.85.

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.