Purpose Unlimited Inc. Purchases New Shares in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Purpose Unlimited Inc. acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 162,147 shares of the company’s stock, valued at approximately $13,985,000. Purpose Unlimited Inc. owned 0.25% of iShares MSCI EAFE Min Vol Factor ETF at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in EFAV. Rockefeller Capital Management L.P. increased its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 16.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 48,498 shares of the company’s stock valued at $4,183,000 after buying an additional 6,835 shares during the period. Corient Private Wealth LLC raised its stake in iShares MSCI EAFE Min Vol Factor ETF by 17.6% in the fourth quarter. Corient Private Wealth LLC now owns 12,357 shares of the company’s stock worth $1,068,000 after buying an additional 1,848 shares in the last quarter. Compass Financial Group Inc. Ohio purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF in the fourth quarter worth about $3,257,000. Keenan LLC purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF in the fourth quarter worth about $898,000. Finally, Arwa LLC purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF in the fourth quarter worth about $285,000.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

iShares MSCI EAFE Min Vol Factor ETF stock opened at $87.38 on Friday. iShares MSCI EAFE Min Vol Factor ETF has a fifty-two week low of $81.66 and a fifty-two week high of $95.13. The stock’s 50 day simple moving average is $90.98 and its two-hundred day simple moving average is $89.95. The stock has a market cap of $5.71 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57.

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.