United Capital Financial Advisors LLC Cuts Stock Holdings in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

United Capital Financial Advisors LLC lowered its position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 0.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,434 shares of the company’s stock after selling 394 shares during the period. United Capital Financial Advisors LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $3,283,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Wharton Business Group LLC boosted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 35.7% in the fourth quarter. Wharton Business Group LLC now owns 1,668,037 shares of the company’s stock valued at $117,947,000 after buying an additional 438,796 shares in the last quarter. Financial Engines Advisors L.L.C. lifted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 0.7% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 965,385 shares of the company’s stock valued at $68,262,000 after acquiring an additional 7,088 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the 4th quarter worth $29,176,000. Alliancebernstein L.P. grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 9.5% during the 4th quarter. Alliancebernstein L.P. now owns 412,083 shares of the company’s stock worth $29,138,000 after purchasing an additional 35,735 shares during the period. Finally, Assetmark Inc. increased its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 0.7% in the 4th quarter. Assetmark Inc. now owns 206,572 shares of the company’s stock valued at $14,607,000 after purchasing an additional 1,495 shares in the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Trading Up 14.5 %

EFAV stock opened at $80.12 on Friday. The company’s 50-day moving average price is $76.81 and its 200 day moving average price is $74.32. iShares MSCI EAFE Min Vol Factor ETF has a 52 week low of $67.74 and a 52 week high of $80.48. The company has a market cap of $4.82 billion, a P/E ratio of 16.96 and a beta of 0.56.

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.