Brookstone Capital Management decreased its holdings in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV – Free Report) by 8.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 218,547 shares of the company’s stock after selling 20,135 shares during the period. Brookstone Capital Management’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $18,850,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in EFAV. Founders Financial Alliance LLC purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF during the third quarter valued at approximately $26,000. Wealth Watch Advisors INC bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the 3rd quarter valued at approximately $30,000. MassMutual Private Wealth & Trust FSB purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the 3rd quarter worth approximately $37,000. Accredited Wealth Management LLC boosted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 809.4% in the 3rd quarter. Accredited Wealth Management LLC now owns 482 shares of the company’s stock worth $41,000 after purchasing an additional 429 shares during the period. Finally, EPG Wealth Management LLC bought a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter valued at approximately $54,000.
iShares MSCI EAFE Min Vol Factor ETF Stock Performance
BATS:EFAV opened at $89.60 on Tuesday. The stock’s fifty day moving average is $91.10 and its 200 day moving average is $87.55. iShares MSCI EAFE Min Vol Factor ETF has a fifty-two week low of $72.42 and a fifty-two week high of $95.13. The firm has a market capitalization of $5.85 billion, a PE 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.
See Also
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