Prime Capital Investment Advisors LLC Trims Stake in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Prime Capital Investment Advisors LLC lowered its stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 15.2% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 16,521 shares of the company’s stock after selling 2,966 shares during the period. Prime Capital Investment Advisors LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $1,389,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Wharton Business Group LLC increased its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.2% during the first quarter. Wharton Business Group LLC now owns 1,688,681 shares of the company’s stock valued at $131,318,000 after buying an additional 20,644 shares during the period. Ameriprise Financial Inc. increased its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 15.3% during the first quarter. Ameriprise Financial Inc. now owns 578,822 shares of the company’s stock valued at $45,195,000 after buying an additional 77,023 shares during the period. Royal Bank of Canada increased its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 20.9% during the first quarter. Royal Bank of Canada now owns 461,030 shares of the company’s stock valued at $35,923,000 after buying an additional 79,604 shares during the period. Ascent Group LLC purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the second quarter valued at about $36,072,000. Finally, Raymond James Financial Inc. increased its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.9% during the first quarter. Raymond James Financial Inc. now owns 420,429 shares of the company’s stock valued at $32,760,000 after buying an additional 7,812 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

Shares of BATS EFAV opened at $84.60 on Thursday. The stock has a market capitalization of $5.52 billion, a P/E ratio of 16.91 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a 1 year low of $69.19 and a 1 year high of $85.52. The company’s 50-day moving average is $84.87 and its 200 day moving average is $82.89.

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.