Franklin Resources Inc. Has $480,000 Holdings in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Franklin Resources Inc. decreased its position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 9.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,323 shares of the company’s stock after selling 639 shares during the period. Franklin Resources Inc.’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $480,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of EFAV. Magnolia Capital Advisors LLC increased its holdings in shares of 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 buying an additional 1,292 shares in the last quarter. EP Wealth Advisors LLC increased its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 11.4% in the second quarter. EP Wealth Advisors LLC now owns 2,721 shares of the company’s stock valued at $189,000 after purchasing an additional 278 shares in the last quarter. Truist Financial Corp increased its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 2.4% in the second quarter. Truist Financial Corp now owns 87,384 shares of the company’s stock valued at $6,060,000 after purchasing an additional 2,041 shares in the last quarter. Granite Bay Wealth Management LLC acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the second quarter valued at approximately $2,309,000. Finally, Creekside Partners acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the second quarter valued at approximately $421,000.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

Shares of iShares MSCI EAFE Min Vol Factor ETF stock opened at $71.71 on Wednesday. The firm has a market cap of $6.87 billion, a P/E ratio of 16.91 and a beta of 0.53. The firm has a 50 day simple moving average of $71.88 and a 200 day simple moving average of $73.50. 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.

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.