Acorn Wealth Advisors LLC Decreases Stock Holdings in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Acorn Wealth Advisors LLC lowered its stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 23.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 7,046 shares of the company’s stock after selling 2,155 shares during the quarter. Acorn Wealth Advisors LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $498,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Portland Financial Advisors Inc acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the fourth quarter valued at about $567,000. Wharton Business Group LLC boosted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 35.7% in the 4th quarter. Wharton Business Group LLC now owns 1,668,037 shares of the company’s stock worth $117,947,000 after buying an additional 438,796 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in iShares MSCI EAFE Min Vol Factor ETF in the 4th quarter worth about $374,000. Bank of Jackson Hole Trust purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF during the 4th quarter worth approximately $83,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the fourth quarter valued at approximately $841,000.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

BATS EFAV opened at $75.15 on Tuesday. The stock’s 50 day simple moving average is $72.00 and its 200-day simple moving average is $73.82. The company has a market cap of $7.20 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.

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.