Brookstone Capital Management Raises Position in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Brookstone Capital Management grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 3.4% during the first quarter, Holdings Channel reports. The institutional investor owned 225,983 shares of the company’s stock after purchasing an additional 7,436 shares during the quarter. Brookstone Capital Management’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $20,648,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 5,720.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 291 shares of the company’s stock valued at $25,000 after acquiring an additional 286 shares during the last quarter. Princeton Global Asset Management LLC boosted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 3,118.2% during the fourth quarter. Princeton Global Asset Management LLC now owns 354 shares of the company’s stock valued at $31,000 after purchasing an additional 343 shares during the period. Wealth Watch Advisors INC bought a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the third quarter worth approximately $30,000. Dunhill Financial LLC grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 1,156.2% in the fourth quarter. Dunhill Financial LLC now owns 402 shares of the company’s stock worth $35,000 after purchasing an additional 370 shares during the last quarter. Finally, Accredited Wealth Management LLC grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 809.4% in the third 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 last quarter.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

EFAV stock opened at $87.38 on Monday. The firm’s 50-day moving average price is $90.98 and its two-hundred day moving average price is $89.98. iShares MSCI EAFE Min Vol Factor ETF has a 12-month low of $81.66 and a 12-month high of $95.13. The stock has a market capitalization of $5.71 billion, a price-to-earnings 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.