Sovran Advisors LLC Buys New Stake in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Sovran Advisors LLC acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 2,814 shares of the company’s stock, valued at approximately $235,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in EFAV. Jones Financial Companies Lllp boosted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 210.5% in the 1st quarter. Jones Financial Companies Lllp now owns 240,428 shares of the company’s stock valued at $18,734,000 after buying an additional 162,996 shares in the last quarter. Foundations Investment Advisors LLC purchased a new position in iShares MSCI EAFE Min Vol Factor ETF during the 1st quarter valued at about $10,429,000. Elevation Capital Advisory LLC acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the first quarter worth approximately $9,702,000. OLD Mission Capital LLC grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 309.0% during the first quarter. OLD Mission Capital LLC now owns 111,853 shares of the company’s stock worth $8,716,000 after purchasing an additional 84,503 shares during the last quarter. Finally, Royal Bank of Canada raised its position in iShares MSCI EAFE Min Vol Factor ETF by 20.9% in the 1st quarter. Royal Bank of Canada now owns 461,030 shares of the company’s stock valued at $35,923,000 after buying an additional 79,604 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Trading Up 21.2%

BATS EFAV opened at $84.77 on Friday. The business’s 50-day moving average price is $84.52 and its two-hundred day moving average price is $82.28. iShares MSCI EAFE Min Vol Factor ETF has a 12 month low of $69.19 and a 12 month high of $85.52. The firm has a market capitalization of $5.54 billion, a PE ratio of 16.91 and a beta of 0.57.

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.