Verus Capital Partners LLC Sells 2,166 Shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Verus Capital Partners LLC cut its stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 27.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,746 shares of the company’s stock after selling 2,166 shares during the quarter. Verus Capital Partners LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $406,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Janney Montgomery Scott LLC grew its position in iShares MSCI EAFE Min Vol Factor ETF by 63.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 19,279 shares of the company’s stock valued at $1,363,000 after acquiring an additional 7,490 shares during the period. Thrivent Financial for Lutherans grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 49.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 11,491 shares of the company’s stock worth $881,000 after purchasing an additional 3,791 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 29.0% in the 3rd quarter. Stifel Financial Corp now owns 66,861 shares of the company’s stock worth $5,128,000 after purchasing an additional 15,011 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 109,809 shares of the company’s stock worth $8,422,000 after purchasing an additional 1,409 shares in the last quarter. Finally, McNaughton Wealth Management LLC lifted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 1.0% during the 4th quarter. McNaughton Wealth Management LLC now owns 102,354 shares of the company’s stock valued at $7,237,000 after purchasing an additional 1,006 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Stock Up 8.1 %

BATS:EFAV opened at $75.60 on Friday. The firm has a market cap of $7.24 billion, a PE ratio of 16.91 and a beta of 0.53. iShares MSCI EAFE Min Vol Factor ETF has a 12 month low of $64.68 and a 12 month high of $76.51. The company’s 50-day moving average price is $72.44 and its two-hundred day moving average price is $73.93.

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.