iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Reaches New 1-Year High – Here’s What Happened

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) shares hit a new 52-week high on Thursday . The stock traded as high as $95.17 and last traded at $94.9060, with a volume of 78732 shares changing hands. The stock had previously closed at $94.28.

iShares MSCI EAFE Min Vol Factor ETF Trading Down 0.4%

The company has a market capitalization of $6.19 billion, a PE ratio of 16.91 and a beta of 0.57. The business’s fifty day moving average is $92.06 and its two-hundred day moving average is $91.42.

Institutional Investors Weigh In On iShares MSCI EAFE Min Vol Factor ETF

Several institutional investors have recently modified their holdings of EFAV. Wealth Watch Advisors INC purchased a new position in iShares MSCI EAFE Min Vol Factor ETF in the 3rd quarter worth about $30,000. EverSource Wealth Advisors LLC lifted its stake in iShares MSCI EAFE Min Vol Factor ETF by 203.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 379 shares of the company’s stock valued at $35,000 after acquiring an additional 254 shares during the period. CoreCap Advisors LLC boosted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 94.6% during the 2nd quarter. CoreCap Advisors LLC now owns 502 shares of the company’s stock valued at $44,000 after acquiring an additional 244 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the 1st quarter valued at about $53,000. Finally, Global Trust Asset Management LLC grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 50.0% in the first quarter. Global Trust Asset Management LLC now owns 750 shares of the company’s stock worth $69,000 after acquiring an additional 250 shares during the period.

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.