Sovran Advisors LLC Buys New Shares in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Sovran Advisors LLC bought a new position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 2,814 shares of the company’s stock, valued at approximately $235,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in EFAV. Graves Light Lenhart Wealth Inc. purchased a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the second quarter worth $214,000. Moulton Wealth Management Inc. increased its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 6.3% in the second quarter. Moulton Wealth Management Inc. now owns 55,125 shares of the company’s stock valued at $4,635,000 after buying an additional 3,288 shares in the last quarter. Parallel Advisors LLC grew its holdings in iShares MSCI EAFE Min Vol Factor ETF by 13,163.6% in the 2nd quarter. Parallel Advisors LLC now owns 10,213 shares of the company’s stock valued at $859,000 after buying an additional 10,136 shares during the period. Geneos Wealth Management Inc. lifted its position in iShares MSCI EAFE Min Vol Factor ETF by 4.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 115,049 shares of the company’s stock worth $8,965,000 after acquiring an additional 4,603 shares in the last quarter. Finally, Belpointe Asset Management LLC purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF during the 1st quarter worth approximately $1,579,000.

iShares MSCI EAFE Min Vol Factor ETF Stock Up 21.2%

Shares of iShares MSCI EAFE Min Vol Factor ETF stock opened at $84.77 on Friday. iShares MSCI EAFE Min Vol Factor ETF has a fifty-two week low of $69.19 and a fifty-two week high of $85.52. The firm has a market cap of $5.54 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57. The business has a fifty day simple moving average of $84.52 and a 200-day simple moving average of $82.28.

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.