Summit Financial LLC Raises Holdings in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Summit Financial LLC grew its position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 2.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 371,659 shares of the company’s stock after buying an additional 9,749 shares during the quarter. Summit Financial LLC owned 0.57% of iShares MSCI EAFE Min Vol Factor ETF worth $32,056,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in EFAV. Brighton Jones LLC lifted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 41.7% in the 4th quarter. Brighton Jones LLC now owns 3,780 shares of the company’s stock worth $267,000 after buying an additional 1,112 shares during the period. AQR Capital Management LLC purchased a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the 1st quarter worth $1,113,000. Qube Research & Technologies Ltd lifted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 19.2% during the 2nd quarter. Qube Research & Technologies Ltd now owns 53,619 shares of the company’s stock worth $4,507,000 after purchasing an additional 8,642 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 4.9% during the 2nd quarter. NewEdge Advisors LLC now owns 62,934 shares of the company’s stock worth $5,290,000 after purchasing an additional 2,948 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 7.1% during the 2nd quarter. Sei Investments Co. now owns 622,873 shares of the company’s stock worth $52,357,000 after purchasing an additional 41,032 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

Shares of BATS EFAV opened at $90.86 on Friday. The stock has a market capitalization of $5.93 billion, a P/E ratio of 16.91 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a 1-year low of $81.66 and a 1-year high of $95.13. The business has a fifty day moving average price of $91.44 and a 200 day moving average price of $89.88.

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.