Cetera Investment Advisers Trims Stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Cetera Investment Advisers cut its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 30.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 197,917 shares of the company’s stock after selling 84,866 shares during the quarter. Cetera Investment Advisers’ holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $13,995,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fulton Bank N.A. acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the fourth quarter valued at about $234,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 109,809 shares of the company’s stock valued at $8,422,000 after buying an additional 1,409 shares in the last quarter. AdvisorNet Financial Inc lifted its stake in iShares MSCI EAFE Min Vol Factor ETF by 13.0% during the 4th quarter. AdvisorNet Financial Inc now owns 1,465 shares of the company’s stock worth $104,000 after acquiring an additional 169 shares in the last quarter. PCA Investment Advisory Services Inc. boosted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 1.3% during the 4th quarter. PCA Investment Advisory Services Inc. now owns 15,051 shares of the company’s stock valued at $1,064,000 after acquiring an additional 189 shares during the period. Finally, McNaughton Wealth Management LLC grew its position in iShares MSCI EAFE Min Vol Factor ETF by 1.0% in the 4th quarter. McNaughton Wealth Management LLC now owns 102,354 shares of the company’s stock valued at $7,237,000 after acquiring an additional 1,006 shares in the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

Shares of EFAV stock opened at $82.59 on Friday. iShares MSCI EAFE Min Vol Factor ETF has a fifty-two week low of $68.56 and a fifty-two week high of $83.68. The company has a 50 day moving average price of $78.94 and a 200 day moving average price of $74.99. The stock has a market capitalization of $5.44 billion, a P/E ratio of 17.75 and a beta of 0.56.

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.