TSG Advice Partners LLC Acquires New Stake in iShares MSCI EAFE Min Vol Factor ETF $EFAV

TSG Advice Partners LLC acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 14,405 shares of the company’s stock, valued at approximately $1,263,000.

Several other hedge funds and other institutional investors also recently modified their holdings of EFAV. Brookstone Capital Management purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the 3rd quarter valued at approximately $18,230,000. Ledyard National Bank acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the third quarter valued at approximately $14,435,000. Anderson Hoagland & Co. purchased a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the third quarter worth approximately $14,722,000. Fifth Third Bancorp raised its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 5,456.1% during the first quarter. Fifth Third Bancorp now owns 111,122 shares of the company’s stock worth $10,153,000 after purchasing an additional 109,122 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 98.8% during the first 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 during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

Shares of BATS EFAV opened at $96.20 on Tuesday. The stock has a fifty day moving average price of $93.63 and a 200 day moving average price of $91.67. 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 cap of $6.28 billion, a PE 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.