Gateway Wealth Partners LLC Cuts Stock Position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Gateway Wealth Partners LLC lowered its position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 2.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 47,202 shares of the company’s stock after selling 1,062 shares during the period. iShares MSCI EAFE Min Vol Factor ETF makes up about 1.0% of Gateway Wealth Partners LLC’s portfolio, making the stock its 23rd largest position. Gateway Wealth Partners LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $3,274,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in EFAV. Tsfg LLC purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the second quarter worth $26,000. Sound Income Strategies LLC grew its position in iShares MSCI EAFE Min Vol Factor ETF by 113.9% during the 1st quarter. Sound Income Strategies LLC now owns 400 shares of the company’s stock worth $28,000 after purchasing an additional 213 shares during the period. Naples Money Management LLC purchased a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the first quarter worth about $29,000. Family Firm Inc. acquired a new stake in iShares MSCI EAFE Min Vol Factor ETF during the second quarter worth about $29,000. Finally, Fairscale Capital LLC purchased a new position in iShares MSCI EAFE Min Vol Factor ETF during the second quarter valued at approximately $29,000.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

Shares of BATS EFAV opened at $76.99 on Monday. The stock has a market capitalization of $7.38 billion, a price-to-earnings ratio of 16.91 and a beta of 0.53. The firm’s 50 day simple moving average is $74.72 and its 200-day simple moving average is $71.89. iShares MSCI EAFE Min Vol Factor ETF has a 12 month low of $64.68 and a 12 month 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.