Miracle Mile Advisors LLC Cuts Holdings in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Miracle Mile Advisors LLC decreased its stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 3.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,731 shares of the company’s stock after selling 705 shares during the period. Miracle Mile Advisors LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $1,299,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Tsfg LLC purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF during the second quarter valued at about $26,000. Sound Income Strategies LLC grew its position in iShares MSCI EAFE Min Vol Factor ETF by 113.9% during the first quarter. Sound Income Strategies LLC now owns 400 shares of the company’s stock valued at $28,000 after acquiring an additional 213 shares during the last quarter. Naples Money Management LLC purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the first quarter worth approximately $29,000. ORG Partners LLC purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the fourth quarter worth approximately $31,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the 2nd quarter worth approximately $33,000.

iShares MSCI EAFE Min Vol Factor ETF Stock Up 0.5 %

Shares of iShares MSCI EAFE Min Vol Factor ETF stock traded up $0.39 during trading on Friday, reaching $74.04. The company’s stock had a trading volume of 176,893 shares. iShares MSCI EAFE Min Vol Factor ETF has a 52-week low of $64.68 and a 52-week high of $76.51. The firm’s 50-day moving average is $70.92 and its two-hundred day moving average is $70.39. The company has a market cap of $7.09 billion, a price-to-earnings ratio of 16.91 and a beta of 0.53.

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.