iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. trimmed its stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 16.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,563,969 shares of the company’s stock after selling 306,038 shares during the period. Northwestern Mutual Wealth Management Co. owned about 1.63% of iShares MSCI EAFE Min Vol Factor ETF worth $108,469,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Magnolia Capital Advisors LLC raised its holdings in iShares MSCI EAFE Min Vol Factor ETF by 20.1% during the second quarter. Magnolia Capital Advisors LLC now owns 7,730 shares of the company’s stock worth $536,000 after purchasing an additional 1,292 shares during the last quarter. Fairscale Capital LLC acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the 2nd quarter worth $29,000. TPG Advisors LLC purchased a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the 2nd quarter worth about $1,866,000. ProVise Management Group LLC boosted its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 2.5% in the 2nd quarter. ProVise Management Group LLC now owns 114,913 shares of the company’s stock worth $7,970,000 after buying an additional 2,775 shares in the last quarter. Finally, Perennial Investment Advisors LLC acquired a new stake in iShares MSCI EAFE Min Vol Factor ETF in the 2nd quarter valued at about $406,000.

iShares MSCI EAFE Min Vol Factor ETF Trading Down 0.4 %

Shares of EFAV opened at $76.99 on Friday. iShares MSCI EAFE Min Vol Factor ETF has a 12-month low of $64.68 and a 12-month high of $76.51. The stock has a market cap of $7.38 billion, a P/E ratio of 16.91 and a beta of 0.53. The company has a 50-day moving average of $74.72 and a two-hundred day moving average of $71.89.

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.