UBS Group AG Trims Position in iShares MSCI EAFE Min Vol Factor ETF

UBS Group AG has reduced its holdings in the iShares MSCI EAFE Min Vol Factor ETF (EFAV), according to the latest 13F filing with the SEC, selling off 2.1% of its shares in the third quarter. The financial institution's investment in EFAV decreased by 14,063 shares, leaving it with a total of 668,015 shares. With this move, UBS Group AG's ownership of the ETF fell to approximately 0.60%, with a value of $43.568 million at the time of the last reporting.

Activity by Other Institutional Investors

Several other institutional investors have also made changes to their EFAV positions. New stakes were bought by Householder Group Estate & Retirement Specialist LLC, Coastal Investment Advisors Inc., Almanack Investment Partners LLC., Sheets Smith Wealth Management, and First Capital Advisors Group LLC. These investments ranged in value from $40,000 to $50,000.

EFAV Stock Overview

As of the previous trading session, EFAV stock was priced at $67.97. The fund has a market capitalization of $7.63 billion, a PE ratio of 16.01, and a beta of 0.60. The ETF holds a 50-day simple moving average of $68.84 and a 200-day simple moving average of $67.10, with a 52-week trading range between $64.68 and $76.51.

About iShares MSCI EAFE Min Vol Factor ETF

The iShares MSCI EAFE Min Vol Factor ETF aims to replicate the performance of the MSCI EAFE Minimum Volatility (USD) Index. The ETF focuses on developed market equities outside of the US and Canada. It employs a strategy designed to construct a low volatility portfolio while adhering to sector exposure constraints.

UBS, iShares, EFAV, ETF, Investment, Securities, Stocks