Burt Wealth Advisors Cuts Position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Burt Wealth Advisors lowered its holdings in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 1.0% in the fourth quarter, Holdings Channel reports. The firm owned 283,996 shares of the company’s stock after selling 2,829 shares during the quarter. iShares MSCI EAFE Min Vol Factor ETF comprises about 5.1% of Burt Wealth Advisors’ holdings, making the stock its 7th biggest position. Burt Wealth Advisors’ holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $20,081,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC increased its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 0.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 24,530 shares of the company’s stock worth $1,734,000 after purchasing an additional 168 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 116.9% in the fourth quarter. Jones Financial Companies Lllp now owns 77,432 shares of the company’s stock valued at $5,475,000 after buying an additional 41,740 shares in the last quarter. Noble Wealth Management PBC bought a new stake in iShares MSCI EAFE Min Vol Factor ETF during the fourth quarter worth $118,000. Parkside Financial Bank & Trust lifted its stake in iShares MSCI EAFE Min Vol Factor ETF by 44.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,317 shares of the company’s stock valued at $164,000 after acquiring an additional 711 shares during the last quarter. Finally, Provident Wealth Management LLC lifted its stake in iShares MSCI EAFE Min Vol Factor ETF by 73.1% in the fourth quarter. Provident Wealth Management LLC now owns 900 shares of the company’s stock valued at $64,000 after acquiring an additional 380 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

iShares MSCI EAFE Min Vol Factor ETF stock opened at $76.91 on Tuesday. The company’s 50-day moving average is $72.58 and its 200-day moving average is $73.97. The firm has a market capitalization of $5.23 billion, a PE ratio of 17.80 and a beta of 0.61. iShares MSCI EAFE Min Vol Factor ETF has a fifty-two week low of $67.68 and a fifty-two week high of $77.47.

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.