Raymond James & Associates Reduces Holdings in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Raymond James & Associates reduced its stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 5.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,834 shares of the company’s stock after selling 6,198 shares during the period. Raymond James & Associates owned about 0.12% of iShares MSCI EAFE Min Vol Factor ETF worth $8,808,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tsfg LLC bought a new stake in iShares MSCI EAFE Min Vol Factor ETF in the second quarter valued at $26,000. Fairscale Capital LLC bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the 2nd quarter valued at about $29,000. Family Firm Inc. purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the second quarter valued at about $29,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the second quarter valued at about $33,000. Finally, New Covenant Trust Company N.A. purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF in the first quarter worth about $35,000.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

iShares MSCI EAFE Min Vol Factor ETF stock opened at $74.44 on Wednesday. iShares MSCI EAFE Min Vol Factor ETF has a fifty-two week low of $64.68 and a fifty-two week high of $76.51. The stock’s 50 day simple moving average is $76.04 and its two-hundred day simple moving average is $72.69. The stock has a market cap of $7.13 billion, a price-to-earnings ratio of 16.91 and a beta of 0.53.

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.