iShares MSCI EAFE Min Vol Factor ETF $EFAV Stock: Rakuten Investment Management Inc. Grows Holdings

Rakuten Investment Management Inc. grew its holdings in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 20.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,871 shares of the company’s stock after purchasing an additional 6,651 shares during the quarter. Rakuten Investment Management Inc. owned about 0.06% of iShares MSCI EAFE Min Vol Factor ETF worth $3,649,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Farther Finance Advisors LLC lifted its position in iShares MSCI EAFE Min Vol Factor ETF by 1.4% during the third quarter. Farther Finance Advisors LLC now owns 8,408 shares of the company’s stock worth $766,000 after buying an additional 113 shares in the last quarter. IFP Advisors Inc lifted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 2.6% in the second quarter. IFP Advisors Inc now owns 4,514 shares of the company’s stock valued at $396,000 after acquiring an additional 115 shares during the last quarter. Compound Planning Inc. grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 0.9% during the 1st quarter. Compound Planning Inc. now owns 14,264 shares of the company’s stock worth $1,303,000 after purchasing an additional 123 shares during the period. Lido Advisors LLC grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.0% during the 1st quarter. Lido Advisors LLC now owns 12,777 shares of the company’s stock worth $1,168,000 after purchasing an additional 126 shares during the period. Finally, Integrated Advisors Network LLC raised its holdings in iShares MSCI EAFE Min Vol Factor ETF by 2.9% in the 1st quarter. Integrated Advisors Network LLC now owns 4,574 shares of the company’s stock valued at $418,000 after buying an additional 129 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Stock Down 1.3%

EFAV stock traded down $1.26 during mid-day trading on Friday, hitting $95.13. 699,557 shares of the company were exchanged, compared to its average volume of 538,324. The firm has a market capitalization of $6.21 billion, a P/E ratio of 16.91 and a beta of 0.57. The business has a fifty day simple moving average of $93.76 and a 200-day simple moving average of $91.85. iShares MSCI EAFE Min Vol Factor ETF has a 12-month low of $83.85 and a 12-month high of $98.07.

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.