Park Avenue Securities LLC Acquires 8,716 Shares of iShares MSCI EAFE Min Vol Factor ETF $EFAV

Park Avenue Securities LLC bought a new position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,716 shares of the company’s stock, valued at approximately $794,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EFAV. Cetera Investment Advisers raised its position in iShares MSCI EAFE Min Vol Factor ETF by 2.5% during the first quarter. Cetera Investment Advisers now owns 356,879 shares of the company’s stock valued at $32,608,000 after acquiring an additional 8,781 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in iShares MSCI EAFE Min Vol Factor ETF by 98.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 213,922 shares of the company’s stock worth $19,546,000 after purchasing an additional 106,290 shares in the last quarter. Brookstone Capital Management purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF in the 3rd quarter worth approximately $18,230,000. Ledyard National Bank acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter worth approximately $14,435,000. Finally, Anderson Hoagland & Co. acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter worth approximately $14,722,000.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

Shares of BATS EFAV opened at $95.56 on Wednesday. The company’s fifty day moving average price is $93.65 and its 200 day moving average price is $91.71. iShares MSCI EAFE Min Vol Factor ETF has a 1 year low of $83.85 and a 1 year high of $96.60. The company has a market capitalization of $6.24 billion, a PE ratio of 16.91 and a beta of 0.57.

About iShares MSCI EAFE Min Vol Factor ETF

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.