iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Shares Sold by World Investment Advisors

World Investment Advisors reduced its stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 2.1% during the 1st quarter, Holdings Channel.com reports. The fund owned 57,327 shares of the company’s stock after selling 1,204 shares during the quarter. World Investment Advisors’ holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $4,467,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EFAV. Hanson & Doremus Investment Management acquired a new position in iShares MSCI EAFE Min Vol Factor ETF in the first quarter valued at $28,000. CX Institutional acquired a new position in iShares MSCI EAFE Min Vol Factor ETF in the first quarter valued at $32,000. Golden State Wealth Management LLC increased its stake in iShares MSCI EAFE Min Vol Factor ETF by 5,660.0% in the first quarter. Golden State Wealth Management LLC now owns 576 shares of the company’s stock valued at $45,000 after purchasing an additional 566 shares during the period. Capital Investment Advisory Services LLC increased its stake in iShares MSCI EAFE Min Vol Factor ETF by 241.1% in the first quarter. Capital Investment Advisory Services LLC now owns 805 shares of the company’s stock valued at $63,000 after purchasing an additional 569 shares during the period. Finally, Larson Financial Group LLC increased its stake in iShares MSCI EAFE Min Vol Factor ETF by 38.2% in the fourth quarter. Larson Financial Group LLC now owns 962 shares of the company’s stock valued at $68,000 after purchasing an additional 266 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Stock Up 20.4%

Shares of BATS:EFAV opened at $84.21 on Friday. The company has a market cap of $5.50 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57. The firm’s 50-day simple moving average is $83.38 and its 200-day simple moving average is $77.75. iShares MSCI EAFE Min Vol Factor ETF has a fifty-two week low of $69.19 and a fifty-two week high of $85.52.

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.