Envestnet Portfolio Solutions Inc. Sells 4,153 Shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Envestnet Portfolio Solutions Inc. cut its stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 12.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,840 shares of the company’s stock after selling 4,153 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $2,039,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of EFAV. Wharton Business Group LLC increased its holdings in iShares MSCI EAFE Min Vol Factor ETF by 35.7% in the 4th quarter. Wharton Business Group LLC now owns 1,668,037 shares of the company’s stock worth $117,947,000 after buying an additional 438,796 shares in the last quarter. Jane Street Group LLC increased its holdings in iShares MSCI EAFE Min Vol Factor ETF by 100.9% in the 3rd quarter. Jane Street Group LLC now owns 867,994 shares of the company’s stock worth $66,575,000 after buying an additional 436,013 shares in the last quarter. Raymond James Financial Inc. bought a new stake in iShares MSCI EAFE Min Vol Factor ETF in the 4th quarter worth about $29,176,000. Kingsview Wealth Management LLC bought a new stake in iShares MSCI EAFE Min Vol Factor ETF in the 4th quarter worth about $3,419,000. Finally, Sequoia Financial Advisors LLC increased its holdings in iShares MSCI EAFE Min Vol Factor ETF by 1,305.7% in the 4th quarter. Sequoia Financial Advisors LLC now owns 47,413 shares of the company’s stock worth $3,353,000 after buying an additional 44,040 shares in the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

BATS EFAV opened at $78.57 on Friday. iShares MSCI EAFE Min Vol Factor ETF has a one year low of $67.68 and a one year high of $79.06. The stock has a 50-day moving average of $74.50 and a 200 day moving average of $74.20. The company has a market capitalization of $4.90 billion, a price-to-earnings ratio of 17.75 and a beta of 0.61.

About iShares MSCI EAFE Min Vol Factor ETF

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.