Truist Financial Corp Sells 7,348 Shares of iShares MSCI EAFE Min Vol Factor ETF $EFAV

Truist Financial Corp trimmed its position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 5.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 126,873 shares of the company’s stock after selling 7,348 shares during the period. Truist Financial Corp owned about 0.19% of iShares MSCI EAFE Min Vol Factor ETF worth $10,763,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of EFAV. Portfolio Design Labs LLC bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the 2nd quarter worth approximately $45,806,000. Assetmark Inc. increased its holdings in iShares MSCI EAFE Min Vol Factor ETF by 118.9% during the second quarter. Assetmark Inc. now owns 513,119 shares of the company’s stock valued at $43,133,000 after buying an additional 278,742 shares during the last quarter. Jane Street Group LLC bought a new position in iShares MSCI EAFE Min Vol Factor ETF in the 2nd quarter worth $22,963,000. Ameriprise Financial Inc. raised its stake in iShares MSCI EAFE Min Vol Factor ETF by 32.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 767,283 shares of the company’s stock worth $64,520,000 after acquiring an additional 188,461 shares during the period. Finally, Wealth Advisors of Iowa LLC increased its stake in iShares MSCI EAFE Min Vol Factor ETF by 112.8% in the 2nd quarter. Wealth Advisors of Iowa LLC now owns 312,395 shares of the company’s stock worth $26,260,000 after buying an additional 165,580 shares in the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Stock Up 27.5%

EFAV opened at $89.22 on Monday. The firm has a 50-day simple moving average of $86.76 and a two-hundred day simple moving average of $85.48. iShares MSCI EAFE Min Vol Factor ETF has a 52 week low of $69.19 and a 52 week high of $85.52. The company has a market capitalization of $5.83 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.