Wealthspire Advisors LLC Sells 13,450 Shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Wealthspire Advisors LLC decreased its stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 24.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 40,809 shares of the company’s stock after selling 13,450 shares during the quarter. Wealthspire Advisors LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $2,886,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EFAV. CENTRAL TRUST Co bought a new position in iShares MSCI EAFE Min Vol Factor ETF during the third quarter valued at $26,000. Western Pacific Wealth Management LP bought a new position in iShares MSCI EAFE Min Vol Factor ETF during the third quarter valued at $42,000. Avior Wealth Management LLC bought a new position in iShares MSCI EAFE Min Vol Factor ETF during the third quarter valued at $75,000. Bank of Jackson Hole Trust bought a new position in iShares MSCI EAFE Min Vol Factor ETF during the fourth quarter valued at $83,000. Finally, Synergy Asset Management LLC bought a new position in iShares MSCI EAFE Min Vol Factor ETF during the fourth quarter valued at $85,000.

iShares MSCI EAFE Min Vol Factor ETF Stock Up 7.2 %

EFAV stock opened at $74.98 on Monday. iShares MSCI EAFE Min Vol Factor ETF has a 52 week low of $64.68 and a 52 week high of $76.51. The company has a fifty day simple moving average of $72.00 and a two-hundred day simple moving average of $73.80. The firm has a market capitalization of $7.18 billion, a P/E ratio of 16.91 and a beta of 0.53.

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.