Founders Financial Securities LLC Trims Position in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Founders Financial Securities LLC decreased its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 24.7% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 66,432 shares of the company’s stock after selling 21,737 shares during the quarter. Founders Financial Securities LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $6,207,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. increased its position in iShares MSCI EAFE Min Vol Factor ETF by 5,720.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 291 shares of the company’s stock valued at $25,000 after acquiring an additional 286 shares during the period. Wealth Watch Advisors INC purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter valued at approximately $30,000. Princeton Global Asset Management LLC lifted its position in iShares MSCI EAFE Min Vol Factor ETF by 3,118.2% during the 4th quarter. Princeton Global Asset Management LLC now owns 354 shares of the company’s stock worth $31,000 after acquiring an additional 343 shares during the period. Dunhill Financial LLC lifted its position in iShares MSCI EAFE Min Vol Factor ETF by 1,156.2% during the 4th quarter. Dunhill Financial LLC now owns 402 shares of the company’s stock worth $35,000 after acquiring an additional 370 shares during the period. Finally, Accredited Wealth Management LLC grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 809.4% in the 3rd quarter. Accredited Wealth Management LLC now owns 482 shares of the company’s stock valued at $41,000 after purchasing an additional 429 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

Shares of EFAV stock opened at $87.38 on Friday. The company has a market capitalization of $5.71 billion, a P/E ratio of 16.91 and a beta of 0.57. The business’s 50 day moving average is $90.98 and its two-hundred day moving average is $89.95. iShares MSCI EAFE Min Vol Factor ETF has a twelve month low of $81.66 and a twelve month high of $95.13.

iShares MSCI EAFE Min Vol Factor ETF Company 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.