Brookstone Capital Management Has $20.70 Million Holdings in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Brookstone Capital Management cut its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 1.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 287,647 shares of the company’s stock after selling 3,174 shares during the period. Brookstone Capital Management owned approximately 0.30% of iShares MSCI EAFE Min Vol Factor ETF worth $20,699,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Tsfg LLC bought a new stake in iShares MSCI EAFE Min Vol Factor ETF in the 2nd quarter valued at $26,000. Sound Income Strategies LLC raised its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 113.9% in the 1st quarter. Sound Income Strategies LLC now owns 400 shares of the company’s stock valued at $28,000 after purchasing an additional 213 shares during the period. Naples Money Management LLC acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the 1st quarter valued at about $29,000. ORG Partners LLC bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the fourth quarter valued at about $31,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the second quarter worth about $33,000.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

iShares MSCI EAFE Min Vol Factor ETF stock traded up $0.39 during midday trading on Friday, reaching $74.04. The stock had a trading volume of 176,893 shares. The stock has a market capitalization of $7.09 billion, a P/E ratio of 16.91 and a beta of 0.53. The firm’s fifty day simple moving average is $70.92 and its 200-day simple moving average is $70.39. iShares MSCI EAFE Min Vol Factor ETF has a 1-year low of $64.68 and a 1-year high of $76.51.

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.