Portfolio Design Labs LLC Has $15.19 Million Stake in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Portfolio Design Labs LLC decreased its position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 5.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 176,157 shares of the company’s stock after selling 10,267 shares during the quarter. iShares MSCI EAFE Min Vol Factor ETF makes up approximately 2.5% of Portfolio Design Labs LLC’s portfolio, making the stock its 7th largest position. Portfolio Design Labs LLC owned about 0.27% of iShares MSCI EAFE Min Vol Factor ETF worth $15,194,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. North Dallas Bank & Trust Co. bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the 4th quarter worth $426,000. Marks Group Wealth Management Inc bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the 4th quarter worth $200,000. Cerity Partners LLC grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 27.3% in the 4th quarter. Cerity Partners LLC now owns 26,201 shares of the company’s stock worth $2,260,000 after acquiring an additional 5,615 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 4.2% in the 4th quarter. JPMorgan Chase & Co. now owns 105,877 shares of the company’s stock worth $9,132,000 after acquiring an additional 4,254 shares in the last quarter. Finally, Nemes Rush Group LLC grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 405.3% in the 4th quarter. Nemes Rush Group LLC now owns 1,147 shares of the company’s stock worth $99,000 after acquiring an additional 920 shares in the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

BATS EFAV opened at $89.70 on Wednesday. iShares MSCI EAFE Min Vol Factor ETF has a 1 year low of $81.66 and a 1 year high of $95.13. The firm has a market cap of $5.86 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57. The company has a fifty day moving average price of $91.48 and a 200-day moving average price of $89.79.

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. EFAV was launched on Oct 18, 2011 and is managed by BlackRock.