Renaissance Technologies LLC Cuts Stock Holdings in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Renaissance Technologies LLC reduced its stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 66.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,100 shares of the company’s stock after selling 8,300 shares during the period. Renaissance Technologies LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $375,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of EFAV. Frontier Asset Management LLC bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the first quarter worth about $2,358,000. Vestcor Inc boosted its stake in iShares MSCI EAFE Min Vol Factor ETF by 452.1% during the fourth quarter. Vestcor Inc now owns 230,175 shares of the company’s stock valued at $19,853,000 after buying an additional 188,483 shares during the last quarter. FSA Advisors Inc. bought a new position in iShares MSCI EAFE Min Vol Factor ETF during the fourth quarter valued at approximately $909,000. Lexington Hill Partners LLC purchased a new position in iShares MSCI EAFE Min Vol Factor ETF during the 4th quarter valued at approximately $831,000. Finally, Compass Financial Group Inc. Ohio purchased a new position in iShares MSCI EAFE Min Vol Factor ETF during the 4th quarter valued at approximately $3,257,000.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

BATS:EFAV opened at $93.06 on Wednesday. The company has a market cap of $6.08 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a 1 year low of $83.36 and a 1 year high of $95.13. The stock’s 50 day simple moving average is $90.45 and its two-hundred day simple moving average is $91.16.

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. EFAV was launched on Oct 18, 2011 and is managed by BlackRock.