Securian Asset Management Inc. Has $59.01 Million Position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Securian Asset Management Inc. lowered its stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 16.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 834,519 shares of the company’s stock after selling 163,429 shares during the period. iShares MSCI EAFE Min Vol Factor ETF comprises approximately 1.7% of Securian Asset Management Inc.’s investment portfolio, making the stock its 10th biggest holding. Securian Asset Management Inc.’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $59,009,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in EFAV. Provident Wealth Management LLC boosted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 73.1% in the 4th quarter. Provident Wealth Management LLC now owns 900 shares of the company’s stock worth $64,000 after buying an additional 380 shares during the last quarter. Larson Financial Group LLC lifted its stake in 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 purchasing an additional 266 shares during the last quarter. Avior Wealth Management LLC purchased a new position in iShares MSCI EAFE Min Vol Factor ETF in the third quarter valued at approximately $75,000. Synergy Asset Management LLC bought a new stake in iShares MSCI EAFE Min Vol Factor ETF during the 4th quarter valued at $85,000. Finally, Bank of Jackson Hole Trust bought a new stake in iShares MSCI EAFE Min Vol Factor ETF during the 4th quarter valued at $83,000.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

Shares of EFAV stock opened at $77.51 on Wednesday. The company’s fifty day simple moving average is $73.43 and its two-hundred day simple moving average is $74.08. iShares MSCI EAFE Min Vol Factor ETF has a 1 year low of $67.68 and a 1 year high of $78.53. The stock has a market capitalization of $5.27 billion, a price-to-earnings ratio of 17.80 and a beta of 0.61.

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.