Sequoia Financial Advisors LLC Sells 7,291 Shares of iShares MSCI EAFE Min Vol Factor ETF $EFAV

Sequoia Financial Advisors LLC lowered its stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 16.4% during the 1st quarter, HoldingsChannel reports. The firm owned 37,163 shares of the company’s stock after selling 7,291 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $3,396,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Morgan Stanley raised its stake in iShares MSCI EAFE Min Vol Factor ETF by 9.0% during the 4th quarter. Morgan Stanley now owns 2,310,102 shares of the company’s stock valued at $199,246,000 after buying an additional 190,252 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of 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 during the period. UBS Group AG grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 9.5% in the third quarter. UBS Group AG now owns 712,195 shares of the company’s stock worth $60,416,000 after acquiring an additional 61,925 shares during the period. Sei Investments Co. grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.8% in the third quarter. Sei Investments Co. now owns 633,870 shares of the company’s stock worth $53,766,000 after acquiring an additional 10,997 shares during the period. Finally, Raymond James Financial Inc. increased its position in iShares MSCI EAFE Min Vol Factor ETF by 4.6% during the second quarter. Raymond James Financial Inc. now owns 439,656 shares of the company’s stock valued at $36,957,000 after acquiring an additional 19,227 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

EFAV stock opened at $89.72 on Tuesday. iShares MSCI EAFE Min Vol Factor ETF has a fifty-two week low of $81.66 and a fifty-two week high of $95.13. The business’s 50-day moving average is $89.75 and its two-hundred day moving average is $90.24. The company has a market cap of $5.86 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57.

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