Kayne Anderson Rudnick Investment Management LLC Sells 9,686 Shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Kayne Anderson Rudnick Investment Management LLC trimmed its position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 40.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,205 shares of the company’s stock after selling 9,686 shares during the quarter. Kayne Anderson Rudnick Investment Management LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $983,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 3.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 5,191,062 shares of the company’s stock worth $359,948,000 after purchasing an additional 178,690 shares during the period. Jane Street Group LLC raised its holdings in iShares MSCI EAFE Min Vol Factor ETF by 17,865.7% during the 1st quarter. Jane Street Group LLC now owns 2,764,205 shares of the company’s stock worth $195,927,000 after buying an additional 2,748,819 shares during the period. Sei Investments Co. lifted its stake in iShares MSCI EAFE Min Vol Factor ETF by 1.1% in the first quarter. Sei Investments Co. now owns 889,910 shares of the company’s stock valued at $63,077,000 after buying an additional 9,621 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 149.6% in the first quarter. Cetera Investment Advisers now owns 298,976 shares of the company’s stock valued at $21,191,000 after buying an additional 179,211 shares during the period. Finally, Symmetry Partners LLC increased its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 35.5% during the second quarter. Symmetry Partners LLC now owns 266,906 shares of the company’s stock worth $18,511,000 after acquiring an additional 69,939 shares in the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Trading Up 0.5 %

EFAV opened at $76.98 on Tuesday. The firm’s fifty day simple moving average is $74.29 and its 200 day simple moving average is $71.73. The stock has a market capitalization of $7.37 billion, a P/E ratio of 16.91 and a beta of 0.53. iShares MSCI EAFE Min Vol Factor ETF has a 12 month low of $64.68 and a 12 month high of $76.51.

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.