Bank of New York Mellon Corp Lowers Stock Position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Bank of New York Mellon Corp lessened its stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 69.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,286 shares of the company’s stock after selling 14,201 shares during the period. Bank of New York Mellon Corp’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $444,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Janney Montgomery Scott LLC boosted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 63.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 19,279 shares of the company’s stock valued at $1,363,000 after purchasing an additional 7,490 shares during the period. Thrivent Financial for Lutherans increased its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 49.2% in the third quarter. Thrivent Financial for Lutherans now owns 11,491 shares of the company’s stock worth $881,000 after purchasing an additional 3,791 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in iShares MSCI EAFE Min Vol Factor ETF by 1.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 109,809 shares of the company’s stock valued at $8,422,000 after purchasing an additional 1,409 shares in the last quarter. Stifel Financial Corp raised its stake in iShares MSCI EAFE Min Vol Factor ETF by 29.0% in the third quarter. Stifel Financial Corp now owns 66,861 shares of the company’s stock valued at $5,128,000 after purchasing an additional 15,011 shares in the last quarter. Finally, McNaughton Wealth Management LLC lifted its position in iShares MSCI EAFE Min Vol Factor ETF by 1.0% during the fourth quarter. McNaughton Wealth Management LLC now owns 102,354 shares of the company’s stock valued at $7,237,000 after purchasing an additional 1,006 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Stock Up 11.7 %

BATS EFAV opened at $78.17 on Friday. The company has a market capitalization of $4.88 billion, a price-to-earnings ratio of 17.75 and a beta of 0.61. The stock’s 50-day simple moving average is $75.28 and its two-hundred day simple moving average is $74.26. iShares MSCI EAFE Min Vol Factor ETF has a twelve month low of $67.68 and a twelve month high of $79.06.

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.