Wells Fargo & Company MN Cuts Stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Wells Fargo & Company MN reduced its position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 1.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 617,513 shares of the company’s stock after selling 10,903 shares during the quarter. Wells Fargo & Company MN’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $43,664,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. World Investment Advisors boosted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 1,411.3% during the 4th quarter. World Investment Advisors now owns 58,531 shares of the company’s stock valued at $4,139,000 after acquiring an additional 54,658 shares during the last quarter. Martin Worley Group purchased a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the 4th quarter valued at about $1,347,000. National Bank of Canada FI bought a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the 4th quarter worth approximately $1,580,000. Franklin Resources Inc. lifted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 31.9% in the 4th quarter. Franklin Resources Inc. now owns 8,339 shares of the company’s stock worth $590,000 after purchasing an additional 2,016 shares during the period. Finally, Alliancebernstein L.P. lifted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 9.5% in the 4th quarter. Alliancebernstein L.P. now owns 412,083 shares of the company’s stock worth $29,138,000 after purchasing an additional 35,735 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Stock Up 8.3 %

Shares of BATS:EFAV opened at $75.74 on Thursday. The firm’s 50 day moving average price is $76.17 and its 200-day moving average price is $74.23. iShares MSCI EAFE Min Vol Factor ETF has a twelve month low of $67.68 and a twelve month high of $79.24. The stock has a market capitalization of $4.55 billion, a PE ratio of 16.96 and a beta of 0.56.

About iShares MSCI EAFE Min Vol Factor ETF

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.