Raymond James Financial Services Advisors Inc. Sells 374,322 Shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Raymond James Financial Services Advisors Inc. decreased its stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 50.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 362,492 shares of the company’s stock after selling 374,322 shares during the quarter. Raymond James Financial Services Advisors Inc. owned about 0.32% of iShares MSCI EAFE Min Vol Factor ETF worth $25,135,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cibc World Market Inc. increased its stake in iShares MSCI EAFE Min Vol Factor ETF by 0.9% in the 1st quarter. Cibc World Market Inc. now owns 57,915 shares of the company’s stock worth $4,178,000 after buying an additional 540 shares during the period. Sequoia Financial Advisors LLC boosted its stake in iShares MSCI EAFE Min Vol Factor ETF by 4.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 3,740 shares of the company’s stock worth $270,000 after purchasing an additional 160 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in iShares MSCI EAFE Min Vol Factor ETF by 42.1% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,721 shares of the company’s stock worth $341,000 after buying an additional 1,398 shares during the last quarter. High Net Worth Advisory Group LLC raised its position in iShares MSCI EAFE Min Vol Factor ETF by 1.6% during the 1st quarter. High Net Worth Advisory Group LLC now owns 11,487 shares of the company’s stock worth $827,000 after buying an additional 182 shares during the last quarter. Finally, Founders Financial Securities LLC raised its position in iShares MSCI EAFE Min Vol Factor ETF by 6.5% during the 1st quarter. Founders Financial Securities LLC now owns 14,359 shares of the company’s stock worth $1,036,000 after buying an additional 875 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

EFAV opened at $71.16 on Thursday. The firm has a fifty day moving average price of $69.58 and a 200 day moving average price of $67.77. iShares MSCI EAFE Min Vol Factor ETF has a 1 year low of $64.68 and a 1 year high of $76.51. The stock has a market cap of $7.98 billion, a P/E ratio of 16.01 and a beta of 0.60.

iShares MSCI EAFE Min Vol Factor ETF 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.