IMA Wealth Inc. Sells 409 Shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

IMA Wealth Inc. reduced its position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 0.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 43,936 shares of the company’s stock after selling 409 shares during the quarter. iShares MSCI EAFE Min Vol Factor ETF accounts for about 1.5% of IMA Wealth Inc.’s holdings, making the stock its 22nd biggest position. IMA Wealth Inc.’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $3,047,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in EFAV. FAS Wealth Partners Inc. lifted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 6.2% in the fourth quarter. FAS Wealth Partners Inc. now owns 5,360 shares of the company’s stock worth $372,000 after acquiring an additional 312 shares during the period. Kingswood Wealth Advisors LLC acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the fourth quarter worth approximately $596,000. RWA Wealth Partners LLC acquired a new position in iShares MSCI EAFE Min Vol Factor ETF in the fourth quarter valued at approximately $4,846,000. Premier Path Wealth Partners LLC acquired a new position in iShares MSCI EAFE Min Vol Factor ETF in the fourth quarter valued at approximately $878,000. Finally, Ameriprise Financial Inc. lifted its stake in iShares MSCI EAFE Min Vol Factor ETF by 3.4% in the third quarter. Ameriprise Financial Inc. now owns 989,719 shares of the company’s stock valued at $64,539,000 after buying an additional 32,923 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Stock Up 0.2 %

EFAV traded up $0.13 during trading on Friday, hitting $69.43. The company’s stock had a trading volume of 623,167 shares. iShares MSCI EAFE Min Vol Factor ETF has a twelve month low of $64.68 and a twelve month high of $76.51. The stock’s fifty day moving average price is $69.90 and its 200-day moving average price is $68.29. The firm has a market capitalization of $6.70 billion, a P/E ratio of 16.38 and a beta of 0.51.

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.