Sequoia Financial Advisors LLC Grows Stock Position in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Sequoia Financial Advisors LLC grew its stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 126.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 52,397 shares of the company’s stock after buying an additional 29,269 shares during the quarter. Sequoia Financial Advisors LLC owned 0.08% of iShares MSCI EAFE Min Vol Factor ETF worth $4,445,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Howe & Rusling Inc. acquired a new position in iShares MSCI EAFE Min Vol Factor ETF in the second quarter valued at approximately $29,000. First Pacific Financial acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the 2nd quarter worth approximately $31,000. MassMutual Private Wealth & Trust FSB purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter valued at approximately $37,000. Signaturefd LLC acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the 2nd quarter valued at $41,000. Finally, Harbor Asset Planning Inc. purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF during the second quarter worth $41,000.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

EFAV stock opened at $87.32 on Tuesday. iShares MSCI EAFE Min Vol Factor ETF has a one year low of $69.19 and a one year high of $85.52. The firm’s fifty day moving average is $86.24 and its 200 day moving average is $85.16. The firm has a market cap of $5.70 billion, a PE ratio of 16.91 and a beta of 0.57.

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.