Northwestern Mutual Wealth Management Co. Cuts Position in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Northwestern Mutual Wealth Management Co. lessened its holdings in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 74.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 306,805 shares of the company’s stock after selling 884,504 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $26,462,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Johnson Investment Counsel Inc. increased its stake in iShares MSCI EAFE Min Vol Factor ETF by 2.2% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 5,762 shares of the company’s stock worth $489,000 after buying an additional 126 shares in the last quarter. Joel Isaacson & Co. LLC increased its stake in iShares MSCI EAFE Min Vol Factor ETF by 1.4% during the 4th quarter. Joel Isaacson & Co. LLC now owns 10,258 shares of the company’s stock worth $885,000 after buying an additional 138 shares in the last quarter. Forum Private Client Group LLC increased its stake in iShares MSCI EAFE Min Vol Factor ETF by 3.9% during the 3rd quarter. Forum Private Client Group LLC now owns 4,845 shares of the company’s stock worth $411,000 after buying an additional 180 shares in the last quarter. Claro Advisors LLC increased its stake in iShares MSCI EAFE Min Vol Factor ETF by 6.5% during the 3rd quarter. Claro Advisors LLC now owns 2,944 shares of the company’s stock worth $250,000 after buying an additional 180 shares in the last quarter. Finally, Exencial Wealth Advisors LLC increased its stake in iShares MSCI EAFE Min Vol Factor ETF by 5.4% during the 4th quarter. Exencial Wealth Advisors LLC now owns 3,507 shares of the company’s stock worth $302,000 after buying an additional 180 shares in the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Trading Down 0.0%

BATS:EFAV opened at $91.64 on Wednesday. iShares MSCI EAFE Min Vol Factor ETF has a 12 month low of $81.66 and a 12 month high of $95.13. The stock has a 50 day moving average of $91.34 and a two-hundred day moving average of $89.22. The firm has a market cap of $5.98 billion, a P/E ratio of 16.91 and a beta of 0.57.

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.