Fortune Financial Advisors LLC Trims Stock Position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Fortune Financial Advisors LLC trimmed its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 1.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,738 shares of the company’s stock after selling 345 shares during the period. iShares MSCI EAFE Min Vol Factor ETF comprises approximately 1.5% of Fortune Financial Advisors LLC’s holdings, making the stock its 22nd biggest holding. Fortune Financial Advisors LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $1,667,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Tsfg LLC purchased a new position in iShares MSCI EAFE Min Vol Factor ETF during the second quarter worth $26,000. CENTRAL TRUST Co acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the third quarter valued at $26,000. Family Firm Inc. acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the second quarter valued at $29,000. Fairscale Capital LLC purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF during the 2nd quarter worth about $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares MSCI EAFE Min Vol Factor ETF in the 2nd quarter valued at about $33,000.

iShares MSCI EAFE Min Vol Factor ETF Trading Down 0.5 %

BATS:EFAV opened at $74.15 on Friday. The firm has a market cap of $7.10 billion, a price-to-earnings ratio of 16.91 and a beta of 0.53. iShares MSCI EAFE Min Vol Factor ETF has a 12-month low of $64.68 and a 12-month high of $76.51. The company’s 50-day moving average is $76.05 and its two-hundred day moving average is $72.58.

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.