Baker Ellis Asset Management LLC Purchases New Shares in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Baker Ellis Asset Management LLC bought a new position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) during the third quarter, HoldingsChannel reports. The fund bought 11,900 shares of the company’s stock, valued at approximately $1,084,000.

A number of other institutional investors and hedge funds have also made changes to their positions in EFAV. Cetera Investment Advisers boosted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 2.5% in the first quarter. Cetera Investment Advisers now owns 356,879 shares of the company’s stock valued at $32,608,000 after acquiring an additional 8,781 shares in the last quarter. Brookstone Capital Management lifted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 3.4% in the first quarter. Brookstone Capital Management now owns 225,983 shares of the company’s stock valued at $20,648,000 after purchasing an additional 7,436 shares during the period. Armbruster Capital Management Inc. boosted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 1.0% during the first quarter. Armbruster Capital Management Inc. now owns 221,426 shares of the company’s stock worth $20,232,000 after buying an additional 2,133 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in iShares MSCI EAFE Min Vol Factor ETF by 98.8% in the first quarter. Geneos Wealth Management Inc. now owns 213,922 shares of the company’s stock valued at $19,546,000 after buying an additional 106,290 shares in the last quarter. Finally, Purpose Unlimited Inc. acquired a new position in iShares MSCI EAFE Min Vol Factor ETF during the fourth quarter worth $13,985,000.

iShares MSCI EAFE Min Vol Factor ETF Trading Up 0.0%

Shares of BATS:EFAV traded up $0.03 during midday trading on Wednesday, hitting $92.47. 576,451 shares of the stock were exchanged, compared to its average volume of 534,932. iShares MSCI EAFE Min Vol Factor ETF has a twelve month low of $83.85 and a twelve month high of $95.34. The company has a 50 day moving average price of $93.20 and a 200-day moving average price of $91.55. The stock has a market cap of $6.04 billion, a P/E ratio of 16.91 and a beta of 0.57.

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. EFAV was launched on Oct 18, 2011 and is managed by BlackRock.