iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Hits New 12-Month High – Here’s What Happened

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) shares reached a new 52-week high on Tuesday . The stock traded as high as $93.99 and last traded at $93.3150, with a volume of 693376 shares traded. The stock had previously closed at $93.66.

iShares MSCI EAFE Min Vol Factor ETF Stock Down 0.5%

The stock has a market cap of $6.09 billion, a PE ratio of 16.91 and a beta of 0.57. The firm has a 50-day simple moving average of $88.42 and a 200-day simple moving average of $86.28.

Hedge Funds Weigh In On iShares MSCI EAFE Min Vol Factor ETF

A number of large investors have recently bought and sold shares of EFAV. Portfolio Design Labs LLC acquired a new stake in iShares MSCI EAFE Min Vol Factor ETF in the second quarter worth about $45,806,000. Assetmark Inc. boosted its stake in iShares MSCI EAFE Min Vol Factor ETF by 118.9% in the 2nd quarter. Assetmark Inc. now owns 513,119 shares of the company’s stock worth $43,133,000 after purchasing an additional 278,742 shares in the last quarter. Jane Street Group LLC purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF during the 2nd quarter worth approximately $22,963,000. Morgan Stanley grew its position in iShares MSCI EAFE Min Vol Factor ETF by 9.0% during the 4th quarter. Morgan Stanley now owns 2,310,102 shares of the company’s stock worth $199,246,000 after purchasing an additional 190,252 shares during the last quarter. Finally, Vestcor Inc increased its stake in iShares MSCI EAFE Min Vol Factor ETF by 452.1% during the 4th quarter. Vestcor Inc now owns 230,175 shares of the company’s stock valued at $19,853,000 after purchasing an additional 188,483 shares in the last quarter.

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