Diversify Wealth Management LLC Buys Shares of 29,096 iShares MSCI EAFE Min Vol Factor ETF $EFAV

Diversify Wealth Management LLC purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 29,096 shares of the company’s stock, valued at approximately $2,620,000.

A number of other hedge funds have also modified their holdings of the business. Jane Street Group LLC acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the 2nd quarter worth about $22,963,000. Morgan Stanley raised its holdings in iShares MSCI EAFE Min Vol Factor ETF by 9.0% in the 4th quarter. Morgan Stanley now owns 2,310,102 shares of the company’s stock valued at $199,246,000 after buying an additional 190,252 shares during the period. Vestcor Inc lifted its position in iShares MSCI EAFE Min Vol Factor ETF by 452.1% in the fourth quarter. Vestcor Inc now owns 230,175 shares of the company’s stock valued at $19,853,000 after buying an additional 188,483 shares during the last quarter. Ameriprise Financial Inc. lifted its position in iShares MSCI EAFE Min Vol Factor ETF by 32.6% in the second quarter. Ameriprise Financial Inc. now owns 767,283 shares of the company’s stock valued at $64,520,000 after buying an additional 188,461 shares during the last quarter. Finally, Purpose Unlimited Inc. purchased a new position in iShares MSCI EAFE Min Vol Factor ETF during the fourth quarter worth about $13,985,000.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

Shares of EFAV opened at $89.72 on Tuesday. iShares MSCI EAFE Min Vol Factor ETF has a 1-year low of $81.66 and a 1-year high of $95.13. The stock has a market cap of $5.86 billion, a PE ratio of 16.91 and a beta of 0.57. The firm has a 50-day simple moving average of $89.75 and a two-hundred day simple moving average of $90.24.

iShares MSCI EAFE Min Vol Factor ETF Company 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.