HighTower Advisors LLC Sells 4,240 Shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

HighTower Advisors LLC lowered its position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 4.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 97,477 shares of the company’s stock after selling 4,240 shares during the quarter. HighTower Advisors LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $6,893,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in EFAV. Provident Wealth Management LLC grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 73.1% during the fourth quarter. Provident Wealth Management LLC now owns 900 shares of the company’s stock worth $64,000 after purchasing an additional 380 shares during the period. Larson Financial Group LLC grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 38.2% during the fourth quarter. Larson Financial Group LLC now owns 962 shares of the company’s stock worth $68,000 after purchasing an additional 266 shares during the period. Avior Wealth Management LLC acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the third quarter worth $75,000. Bank of Jackson Hole Trust acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the fourth quarter worth $83,000. Finally, Synergy Asset Management LLC acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the fourth quarter worth $85,000.

iShares MSCI EAFE Min Vol Factor ETF Stock Up 12.7 %

Shares of iShares MSCI EAFE Min Vol Factor ETF stock opened at $78.81 on Wednesday. iShares MSCI EAFE Min Vol Factor ETF has a 12 month low of $67.68 and a 12 month high of $78.95. The business has a fifty day simple moving average of $74.19 and a 200 day simple moving average of $74.14. The stock has a market cap of $4.92 billion, a PE ratio of 17.75 and a beta of 0.61.

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.