Sequoia Financial Advisors LLC Sells 7,943 Shares of iShares MSCI EAFE Min Vol Factor ETF $EFAV

Sequoia Financial Advisors LLC reduced its stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 15.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,454 shares of the company’s stock after selling 7,943 shares during the quarter. Sequoia Financial Advisors LLC owned about 0.07% of iShares MSCI EAFE Min Vol Factor ETF worth $3,834,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of EFAV. Ameriprise Financial Inc. grew its position in iShares MSCI EAFE Min Vol Factor ETF by 32.6% in the second quarter. Ameriprise Financial Inc. now owns 767,283 shares of the company’s stock worth $64,520,000 after acquiring an additional 188,461 shares in the last quarter. UBS Group AG raised its position 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 in the last quarter. Sei Investments Co. lifted its stake 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 worth $53,766,000 after purchasing an additional 10,997 shares during the last quarter. Assetmark Inc. lifted its stake 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 worth $44,144,000 after purchasing an additional 7,260 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 4.6% in the 2nd quarter. Raymond James Financial Inc. now owns 439,656 shares of the company’s stock worth $36,957,000 after purchasing an additional 19,227 shares in the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Trading Up 0.4%

Shares of iShares MSCI EAFE Min Vol Factor ETF stock opened at $91.22 on Friday. The firm has a market capitalization of $5.96 billion, a PE ratio of 16.91 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a 12 month low of $80.66 and a 12 month high of $95.13. The business’s 50-day moving average price is $91.60 and its 200-day moving average price is $88.90.

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. EFAV was launched on Oct 18, 2011 and is managed by BlackRock.