Apella Capital LLC Sells 12,096 Shares of iShares MSCI EAFE Min Vol Factor ETF $EFAV

Apella Capital LLC lowered its position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 14.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 72,826 shares of the company’s stock after selling 12,096 shares during the period. Apella Capital LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $6,171,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 41.7% during the 4th quarter. Brighton Jones LLC now owns 3,780 shares of the company’s stock valued at $267,000 after buying an additional 1,112 shares in the last quarter. Synovus Financial Corp bought a new position in iShares MSCI EAFE Min Vol Factor ETF during the first quarter valued at approximately $212,000. WPG Advisers LLC purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the first quarter worth approximately $49,000. Baird Financial Group Inc. raised its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 2.6% during the first quarter. Baird Financial Group Inc. now owns 80,359 shares of the company’s stock worth $6,262,000 after acquiring an additional 2,052 shares in the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 20.9% in the 1st quarter. Royal Bank of Canada now owns 461,030 shares of the company’s stock worth $35,923,000 after acquiring an additional 79,604 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

EFAV stock opened at $86.62 on Friday. iShares MSCI EAFE Min Vol Factor ETF has a 52 week low of $69.19 and a 52 week high of $85.52. The firm’s fifty day moving average is $85.64 and its 200 day moving average is $84.76. The firm has a market cap of $5.66 billion, a P/E ratio of 16.91 and a beta of 0.57.

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.