iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Sets New 12-Month High – Time to Buy?

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)’s stock price reached a new 52-week high on Thursday. The stock traded as high as $98.07 and last traded at $97.80, with a volume of 45,485 shares traded. The stock had previously closed at $97.61.

iShares MSCI EAFE Min Vol Factor ETF Stock Down 0.2%

The stock has a 50-day moving average of $93.70 and a 200 day moving average of $91.76. The stock has a market cap of $6.36 billion, a PE ratio of 16.91 and a beta of 0.57.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in EFAV. Frontier Asset Management LLC purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF in the first quarter valued at $2,358,000. Brookstone Capital Management acquired a new stake in iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter worth about $18,230,000. Moulton Wealth Management Inc. purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the 2nd quarter valued at about $632,000. Tompkins Financial Corp purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter valued at about $881,000. Finally, Sowell Financial Services LLC acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the 3rd quarter valued at about $493,000.

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.