Brookstone Capital Management Sells 9,722 Shares of iShares MSCI EAFE Min Vol Factor ETF $EFAV

Brookstone Capital Management decreased its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 3.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 238,682 shares of the company’s stock after selling 9,722 shares during the quarter. Brookstone Capital Management’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $20,247,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in EFAV. Portfolio Design Labs LLC purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the second quarter valued at $45,806,000. Ascent Group LLC purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF during the 2nd quarter worth about $36,072,000. Assetmark Inc. boosted its stake in iShares MSCI EAFE Min Vol Factor ETF by 118.9% in the 2nd quarter. Assetmark Inc. now owns 513,119 shares of the company’s stock worth $43,133,000 after purchasing an additional 278,742 shares during the period. Jane Street Group LLC purchased a new position in iShares MSCI EAFE Min Vol Factor ETF during the 2nd quarter valued at about $22,963,000. Finally, Ameriprise Financial Inc. grew its holdings in iShares MSCI EAFE Min Vol Factor ETF by 32.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 767,283 shares of the company’s stock valued at $64,520,000 after buying an additional 188,461 shares in the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Trading Up 23.7%

Shares of iShares MSCI EAFE Min Vol Factor ETF stock opened at $86.57 on Thursday. The company’s 50-day moving average price is $85.58 and its 200-day moving average price is $84.74. iShares MSCI EAFE Min Vol Factor ETF has a 12-month low of $69.19 and a 12-month high of $85.52. The company has a market cap of $5.65 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57.

iShares MSCI EAFE Min Vol Factor ETF 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.