Independent Advisor Alliance Acquires Shares of 20,529 iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Independent Advisor Alliance acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,529 shares of the company’s stock, valued at approximately $1,452,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Provident Wealth Management LLC raised its holdings in iShares MSCI EAFE Min Vol Factor ETF by 73.1% during the 4th quarter. Provident Wealth Management LLC now owns 900 shares of the company’s stock valued at $64,000 after buying an additional 380 shares during the last quarter. Larson Financial Group LLC raised its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 38.2% during the fourth quarter. Larson Financial Group LLC now owns 962 shares of the company’s stock valued at $68,000 after acquiring an additional 266 shares during the last quarter. Avior Wealth Management LLC bought a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the third quarter valued at about $75,000. Synergy Asset Management LLC purchased a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the fourth quarter worth about $85,000. Finally, Bank of Jackson Hole Trust bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the fourth quarter worth about $83,000.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

Shares of BATS:EFAV opened at $78.10 on Friday. The stock’s 50-day moving average is $73.87 and its 200 day moving average is $74.14. The company has a market cap of $5.31 billion, a PE ratio of 17.80 and a beta of 0.61. iShares MSCI EAFE Min Vol Factor ETF has a 1 year low of $67.68 and a 1 year high of $78.53.

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.