iShares MSCI EAFE Min Vol Factor ETF $EFAV Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC lessened its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 10.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 57,970 shares of the company’s stock after selling 6,789 shares during the period. NewEdge Advisors LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $5,085,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cetera Investment Advisers boosted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 2.5% during the first quarter. Cetera Investment Advisers now owns 356,879 shares of the company’s stock worth $32,608,000 after buying an additional 8,781 shares during the period. Summit Financial LLC grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 2.7% in the 4th quarter. Summit Financial LLC now owns 371,659 shares of the company’s stock worth $32,056,000 after acquiring an additional 9,749 shares during the period. Brookstone Capital Management raised its holdings in iShares MSCI EAFE Min Vol Factor ETF by 3.4% during the first quarter. Brookstone Capital Management now owns 225,983 shares of the company’s stock worth $20,648,000 after purchasing an additional 7,436 shares during the last quarter. Armbruster Capital Management Inc. increased its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.0% in the first quarter. Armbruster Capital Management Inc. now owns 221,426 shares of the company’s stock valued at $20,232,000 after buying an additional 2,133 shares in the last quarter. Finally, Vestcor Inc lifted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 452.1% in the fourth quarter. Vestcor Inc now owns 230,175 shares of the company’s stock valued at $19,853,000 after purchasing an additional 188,483 shares in the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

Shares of EFAV opened at $94.42 on Tuesday. The company has a market capitalization of $6.17 billion, a PE ratio of 16.91 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a fifty-two week low of $83.36 and a fifty-two week high of $95.34. The stock has a fifty day moving average of $92.73 and a two-hundred day moving average of $91.42.

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.