Sage Mountain Advisors LLC Buys Shares of 3,750 iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Sage Mountain Advisors LLC purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 3,750 shares of the company’s stock, valued at approximately $260,000.

Several other hedge funds also recently made changes to their positions in EFAV. FMR LLC raised its holdings in iShares MSCI EAFE Min Vol Factor ETF by 25.0% during the third quarter. FMR LLC now owns 12,317,849 shares of the company’s stock worth $803,370,000 after acquiring an additional 2,464,925 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 5.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,012,372 shares of the company’s stock valued at $326,907,000 after purchasing an additional 237,514 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 16.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 3,498,393 shares of the company’s stock valued at $228,165,000 after purchasing an additional 506,040 shares during the period. Balentine LLC lifted its stake in iShares MSCI EAFE Min Vol Factor ETF by 2.3% in the 3rd quarter. Balentine LLC now owns 2,330,206 shares of the company’s stock valued at $151,976,000 after purchasing an additional 51,690 shares during the last quarter. Finally, Wharton Business Group LLC grew its holdings in iShares MSCI EAFE Min Vol Factor ETF by 4.9% during the third quarter. Wharton Business Group LLC now owns 1,605,074 shares of the company’s stock worth $104,683,000 after purchasing an additional 75,270 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Stock Up 1.6 %

BATS:EFAV opened at $69.31 on Tuesday. iShares MSCI EAFE Min Vol Factor ETF has a 12-month low of $64.68 and a 12-month high of $76.51. The firm has a market capitalization of $6.69 billion, a price-to-earnings ratio of 16.38 and a beta of 0.51. The stock’s 50 day moving average price is $69.79 and its two-hundred day moving average price is $68.20.

iShares MSCI EAFE Min Vol Factor ETF 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.