LPL Financial LLC Reduces Stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

LPL Financial LLC cut its stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 4.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 940,924 shares of the company’s stock after selling 44,632 shares during the period. LPL Financial LLC owned 0.98% of iShares MSCI EAFE Min Vol Factor ETF worth $66,533,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Provident Wealth Management LLC raised its holdings in iShares MSCI EAFE Min Vol Factor ETF by 73.1% during the 4th quarter. Provident Wealth Management LLC now owns 900 shares of the company’s stock valued at $64,000 after buying an additional 380 shares during the period. Larson Financial Group LLC raised its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 38.2% in the fourth quarter. Larson Financial Group LLC now owns 962 shares of the company’s stock valued at $68,000 after acquiring an additional 266 shares during the period. Bank of Jackson Hole Trust bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the 4th quarter worth about $83,000. Synergy Asset Management LLC purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the 4th quarter worth about $85,000. Finally, AdvisorNet Financial Inc grew its holdings in iShares MSCI EAFE Min Vol Factor ETF by 13.0% during the 4th quarter. AdvisorNet Financial Inc now owns 1,465 shares of the company’s stock valued at $104,000 after purchasing an additional 169 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

iShares MSCI EAFE Min Vol Factor ETF stock opened at $77.67 on Thursday. The firm has a market capitalization of $4.85 billion, a P/E ratio of 17.75 and a beta of 0.61. iShares MSCI EAFE Min Vol Factor ETF has a 1-year low of $67.68 and a 1-year high of $79.06. The company’s 50-day moving average is $75.13 and its 200 day moving average is $74.23.

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.