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

Northwestern Mutual Wealth Management Co. trimmed its position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 3.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,155,527 shares of the company’s stock after selling 35,782 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $99,664,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of EFAV. Jane Street Group LLC bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the 2nd quarter valued at $22,963,000. Ameriprise Financial Inc. raised its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 32.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 767,283 shares of the company’s stock valued at $64,520,000 after purchasing an additional 188,461 shares during the period. Amundi raised its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 41.0% during the 3rd quarter. Amundi now owns 412,701 shares of the company’s stock valued at $35,166,000 after purchasing an additional 120,001 shares during the period. National Bank of Canada FI bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter valued at $6,929,000. Finally, Tudor Investment Corp ET AL bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter valued at $6,465,000.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

Shares of EFAV stock opened at $90.94 on Friday. The company has a market capitalization of $5.94 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a one year low of $81.66 and a one year high of $95.13. The company’s fifty day moving average price is $91.44 and its 200-day moving average price is $89.57.

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.