Silver Oak Securities Incorporated Makes New $1.31 Million Investment in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Silver Oak Securities Incorporated bought 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 Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,380 shares of the company’s stock, valued at approximately $1,314,000.

Other hedge funds have also made changes to their positions in the company. Breakwater Capital Group boosted its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 0.6% in the 1st quarter. Breakwater Capital Group now owns 19,516 shares of the company’s stock worth $1,783,000 after buying an additional 113 shares in the last quarter. AdvisorNet Financial Inc increased its holdings in iShares MSCI EAFE Min Vol Factor ETF by 34.9% during the 1st quarter. AdvisorNet Financial Inc now owns 4,059 shares of the company’s stock valued at $371,000 after acquiring an additional 1,050 shares in the last quarter. Ocean Park Asset Management LLC purchased a new position in iShares MSCI EAFE Min Vol Factor ETF during the 1st quarter valued at about $9,114,000. Capital Advisors Ltd. LLC raised its position in iShares MSCI EAFE Min Vol Factor ETF by 2.5% during the first quarter. Capital Advisors Ltd. LLC now owns 15,236 shares of the company’s stock worth $1,392,000 after acquiring an additional 377 shares during the last quarter. Finally, Brookstone Capital Management raised its position in iShares MSCI EAFE Min Vol Factor ETF by 3.4% during the first quarter. Brookstone Capital Management now owns 225,983 shares of the company’s stock worth $20,648,000 after acquiring an additional 7,436 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

Shares of BATS EFAV opened at $87.08 on Friday. The firm’s 50-day moving average is $90.47 and its two-hundred day moving average is $90.00. The company has a market capitalization of $5.69 billion, a PE ratio of 16.91 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a 12-month low of $81.66 and a 12-month high of $95.13.

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.