Sowell Financial Services LLC Acquires New Stake in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Sowell Financial Services LLC bought a new position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 5,407 shares of the company’s stock, valued at approximately $493,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Evergreen Capital Management LLC bought a new stake in iShares MSCI EAFE Min Vol Factor ETF in the third quarter worth $836,000. Barrett & Company Inc. purchased a new position in iShares MSCI EAFE Min Vol Factor ETF during the third quarter worth $110,000. Brookstone Capital Management bought a new position in iShares MSCI EAFE Min Vol Factor ETF during the third quarter valued at $18,230,000. Ledyard National Bank bought a new position in iShares MSCI EAFE Min Vol Factor ETF during the third quarter valued at $14,435,000. Finally, Root Financial Partners LLC bought a new position in iShares MSCI EAFE Min Vol Factor ETF during the third quarter valued at $131,000.

iShares MSCI EAFE Min Vol Factor ETF Trading Down 0.1%

Shares of EFAV opened at $96.20 on Tuesday. iShares MSCI EAFE Min Vol Factor ETF has a twelve month low of $83.85 and a twelve month high of $96.60. The company has a market cap of $6.28 billion, a P/E ratio of 16.91 and a beta of 0.57. The company’s fifty day simple moving average is $93.63 and its 200-day simple moving average is $91.67.

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.