Founders Financial Securities LLC Decreases Stake in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Founders Financial Securities LLC lowered its position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 24.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,432 shares of the company’s stock after selling 21,737 shares during the quarter. Founders Financial Securities LLC owned approximately 0.10% of iShares MSCI EAFE Min Vol Factor ETF worth $6,207,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 5,720.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 291 shares of the company’s stock valued at $25,000 after purchasing an additional 286 shares in the last quarter. Wealth Watch Advisors INC purchased a new position in iShares MSCI EAFE Min Vol Factor ETF in the third quarter valued at approximately $30,000. Princeton Global Asset Management LLC raised its holdings in iShares MSCI EAFE Min Vol Factor ETF by 3,118.2% during the fourth quarter. Princeton Global Asset Management LLC now owns 354 shares of the company’s stock worth $31,000 after purchasing an additional 343 shares in the last quarter. Dunhill Financial LLC raised its holdings in iShares MSCI EAFE Min Vol Factor ETF by 1,156.2% during the fourth quarter. Dunhill Financial LLC now owns 402 shares of the company’s stock worth $35,000 after purchasing an additional 370 shares in the last quarter. Finally, Accredited Wealth Management LLC lifted its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 809.4% during the 3rd quarter. Accredited Wealth Management LLC now owns 482 shares of the company’s stock worth $41,000 after buying an additional 429 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

Shares of iShares MSCI EAFE Min Vol Factor ETF stock opened at $87.38 on Friday. The company has a fifty day simple moving average of $90.98 and a 200-day simple moving average of $89.95. iShares MSCI EAFE Min Vol Factor ETF has a 12-month low of $81.66 and a 12-month high of $95.13. The stock has a market cap of $5.71 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57.

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. EFAV was launched on Oct 18, 2011 and is managed by BlackRock.