HBK Sorce Advisory LLC Cuts Position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

HBK Sorce Advisory LLC trimmed its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 18.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,830 shares of the company’s stock after selling 4,687 shares during the quarter. HBK Sorce Advisory LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $1,623,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of EFAV. Hanson & Doremus Investment Management bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the 1st quarter worth approximately $28,000. CX Institutional purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF in the first quarter worth $32,000. Golden State Wealth Management LLC raised its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 5,660.0% in the first quarter. Golden State Wealth Management LLC now owns 576 shares of the company’s stock valued at $45,000 after buying an additional 566 shares during the period. Provident Wealth Management LLC lifted its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 73.1% during the 4th quarter. Provident Wealth Management LLC now owns 900 shares of the company’s stock valued at $64,000 after buying an additional 380 shares during the last quarter. Finally, Larson Financial Group LLC grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 38.2% during the 4th quarter. Larson Financial Group LLC now owns 962 shares of the company’s stock worth $68,000 after acquiring an additional 266 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

Shares of iShares MSCI EAFE Min Vol Factor ETF stock opened at $82.56 on Thursday. The stock has a market capitalization of $5.37 billion, a P/E ratio of 17.15 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a 52-week low of $68.99 and a 52-week high of $85.52. The stock’s 50-day simple moving average is $82.93 and its 200 day simple moving average is $77.26.

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.