Brookstone Capital Management Sells 20,135 Shares of iShares MSCI EAFE Min Vol Factor ETF $EFAV

Brookstone Capital Management trimmed its holdings in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 8.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 218,547 shares of the company’s stock after selling 20,135 shares during the period. Brookstone Capital Management owned about 0.33% of iShares MSCI EAFE Min Vol Factor ETF worth $18,850,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Founders Financial Alliance LLC purchased a new position in iShares MSCI EAFE Min Vol Factor ETF in the 3rd quarter worth approximately $26,000. Wealth Watch Advisors INC bought a new position in iShares MSCI EAFE Min Vol Factor ETF in the 3rd quarter worth approximately $30,000. MassMutual Private Wealth & Trust FSB purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter valued at approximately $37,000. Accredited Wealth Management LLC raised its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 809.4% during the third quarter. Accredited Wealth Management LLC now owns 482 shares of the company’s stock valued at $41,000 after buying an additional 429 shares during the last quarter. Finally, EPG Wealth Management LLC bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the third quarter valued at approximately $54,000.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

EFAV stock opened at $89.60 on Tuesday. The company’s fifty day moving average price is $91.10 and its 200-day moving average price is $87.55. iShares MSCI EAFE Min Vol Factor ETF has a one year low of $72.42 and a one year high of $95.13. The company has a market capitalization of $5.85 billion, a PE ratio of 16.91 and a beta of 0.57.

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