MONECO Advisors LLC Lowers Stock Position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

MONECO Advisors LLC lessened its stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 6.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,626 shares of the company’s stock after selling 641 shares during the quarter. MONECO Advisors LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $598,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in EFAV. ORG Partners LLC purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the fourth quarter valued at approximately $31,000. Simplex Trading LLC lifted its stake in iShares MSCI EAFE Min Vol Factor ETF by 141.8% in the fourth quarter. Simplex Trading LLC now owns 619 shares of the company’s stock worth $42,000 after acquiring an additional 363 shares during the last quarter. Sheets Smith Wealth Management purchased a new position in iShares MSCI EAFE Min Vol Factor ETF in the third quarter worth approximately $49,000. EPG Wealth Management LLC lifted its stake in iShares MSCI EAFE Min Vol Factor ETF by 427.8% in the third quarter. EPG Wealth Management LLC now owns 760 shares of the company’s stock worth $50,000 after acquiring an additional 616 shares during the last quarter. Finally, Citigroup Inc. purchased a new position in iShares MSCI EAFE Min Vol Factor ETF in the third quarter worth approximately $160,000.

iShares MSCI EAFE Min Vol Factor ETF Stock Down 0.7 %

Shares of iShares MSCI EAFE Min Vol Factor ETF stock opened at $69.32 on Wednesday. The company has a market capitalization of $6.69 billion, a P/E ratio of 16.38 and a beta of 0.51. The company has a 50 day moving average of $69.92 and a 200 day moving average of $68.38. iShares MSCI EAFE Min Vol Factor ETF has a 52-week low of $64.68 and a 52-week high of $76.51.

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.