IMA Wealth Inc. Has $3.05 Million Holdings in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

IMA Wealth Inc. lessened its holdings in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 0.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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 approximately 1.5% of IMA Wealth Inc.’s holdings, making the stock its 22nd biggest holding. IMA Wealth Inc.’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $3,047,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Kovack Advisors Inc. increased its holdings in iShares MSCI EAFE Min Vol Factor ETF by 24.7% in the 4th quarter. Kovack Advisors Inc. now owns 5,509 shares of the company’s stock valued at $382,000 after buying an additional 1,091 shares during the period. Simplex Trading LLC increased its holdings in iShares MSCI EAFE Min Vol Factor ETF by 141.8% in the 4th quarter. Simplex Trading LLC now owns 619 shares of the company’s stock valued at $42,000 after buying an additional 363 shares during the period. National Wealth Management Group LLC increased its holdings in iShares MSCI EAFE Min Vol Factor ETF by 28.9% in the 4th quarter. National Wealth Management Group LLC now owns 4,904 shares of the company’s stock valued at $340,000 after buying an additional 1,100 shares during the period. RWA Wealth Partners LLC bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the 4th quarter worth about $4,846,000. Finally, Burt Wealth Advisors grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 3.7% in the 4th quarter. Burt Wealth Advisors now owns 270,804 shares of the company’s stock worth $18,778,000 after purchasing an additional 9,598 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

Shares of EFAV traded up $0.13 during trading hours on Friday, hitting $69.43. The stock had a trading volume of 623,167 shares. The company’s fifty day moving average is $69.90 and its two-hundred day moving average is $68.29. iShares MSCI EAFE Min Vol Factor ETF has a 52 week low of $64.68 and a 52 week high of $76.51. The stock has a market capitalization of $6.70 billion, a price-to-earnings ratio of 16.38 and a beta of 0.51.

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.