Parallel Advisors LLC Increases Stock Holdings in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Parallel Advisors LLC boosted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 99.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 20,401 shares of the company’s stock after buying an additional 10,188 shares during the period. Parallel Advisors LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $1,731,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Founders Financial Alliance LLC bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the third quarter worth $26,000. Howe & Rusling Inc. purchased a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the second quarter valued at approximately $29,000. MassMutual Private Wealth & Trust FSB bought a new position in iShares MSCI EAFE Min Vol Factor ETF in the third quarter worth approximately $37,000. Accredited Wealth Management LLC raised its position in iShares MSCI EAFE Min Vol Factor ETF by 809.4% during the 3rd quarter. Accredited Wealth Management LLC now owns 482 shares of the company’s stock valued at $41,000 after purchasing an additional 429 shares in the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the 2nd quarter worth $49,000.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

BATS:EFAV opened at $91.29 on Tuesday. iShares MSCI EAFE Min Vol Factor ETF has a 1-year low of $72.42 and a 1-year high of $95.13. The company has a 50-day moving average of $90.17 and a 200 day moving average of $87.05. The firm has a market cap of $5.96 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.