iShares MSCI EAFE Min Vol Factor ETF $EFAV Holdings Trimmed by HighTower Advisors LLC

HighTower Advisors LLC lowered its holdings in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 13.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,543 shares of the company’s stock after selling 13,670 shares during the period. HighTower Advisors LLC owned approximately 0.14% of iShares MSCI EAFE Min Vol Factor ETF worth $7,766,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of EFAV. Johnson Investment Counsel Inc. grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 2.2% during the third quarter. Johnson Investment Counsel Inc. now owns 5,762 shares of the company’s stock valued at $489,000 after buying an additional 126 shares in the last quarter. Patriot Investment Management Group Inc. grew its stake in iShares MSCI EAFE Min Vol Factor ETF by 1.8% during the 3rd quarter. Patriot Investment Management Group Inc. now owns 9,046 shares of the company’s stock valued at $767,000 after acquiring an additional 156 shares in the last quarter. Savant Capital LLC increased its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 0.4% in the 2nd quarter. Savant Capital LLC now owns 38,130 shares of the company’s stock valued at $3,205,000 after purchasing an additional 161 shares during the period. Forum Private Client Group LLC lifted its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 3.9% in the third quarter. Forum Private Client Group LLC now owns 4,845 shares of the company’s stock worth $411,000 after purchasing an additional 180 shares in the last quarter. Finally, Bell Investment Advisors Inc lifted its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.1% in the second quarter. Bell Investment Advisors Inc now owns 18,050 shares of the company’s stock worth $1,517,000 after purchasing an additional 188 shares in the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

Shares of EFAV opened at $93.86 on Monday. The company has a market capitalization of $6.13 billion, a PE ratio of 16.91 and a beta of 0.57. The company’s 50 day moving average price is $88.71 and its 200 day moving average price is $86.44. iShares MSCI EAFE Min Vol Factor ETF has a 52 week low of $72.42 and a 52 week high of $93.99.

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. EFAV was launched on Oct 18, 2011 and is managed by BlackRock.