Park Avenue Securities LLC Lowers Stock Position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Park Avenue Securities LLC lessened its stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 46.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,079 shares of the company’s stock after selling 5,293 shares during the period. Park Avenue Securities LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $430,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in EFAV. Atomi Financial Group Inc. lifted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 3.2% in the 3rd quarter. Atomi Financial Group Inc. now owns 5,322 shares of the company’s stock worth $408,000 after acquiring an additional 165 shares during the last quarter. Richardson Financial Services Inc. lifted its stake in iShares MSCI EAFE Min Vol Factor ETF by 5.5% in the third quarter. Richardson Financial Services Inc. now owns 3,226 shares of the company’s stock worth $225,000 after purchasing an additional 168 shares during the last quarter. AdvisorNet Financial Inc lifted its stake in iShares MSCI EAFE Min Vol Factor ETF by 13.0% in the fourth quarter. AdvisorNet Financial Inc now owns 1,465 shares of the company’s stock worth $104,000 after purchasing an additional 169 shares during the last quarter. James J. Burns & Company LLC grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 4.7% during the third quarter. James J. Burns & Company LLC now owns 4,195 shares of the company’s stock valued at $322,000 after buying an additional 188 shares during the last quarter. Finally, PCA Investment Advisory Services Inc. increased its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.3% in the fourth quarter. PCA Investment Advisory Services Inc. now owns 15,051 shares of the company’s stock worth $1,064,000 after buying an additional 189 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

Shares of EFAV stock opened at $71.85 on Friday. The business has a 50-day moving average of $71.83 and a 200 day moving average of $73.49. The stock has a market capitalization of $6.88 billion, a PE ratio of 16.91 and a beta of 0.53. iShares MSCI EAFE Min Vol Factor ETF has a 1-year low of $64.68 and a 1-year high of $76.51.

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.