Ocean Park Asset Management LLC Acquires New Shares in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Ocean Park Asset Management LLC bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 99,751 shares of the company’s stock, valued at approximately $9,114,000. Ocean Park Asset Management LLC owned about 0.15% of iShares MSCI EAFE Min Vol Factor ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of EFAV. Capital Advisors Ltd. LLC increased its holdings in iShares MSCI EAFE Min Vol Factor ETF by 2.5% in the 1st 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 in the last quarter. Brookstone Capital Management increased its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 3.4% during the 1st 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 last quarter. Evolve Private Wealth LLC grew its holdings in iShares MSCI EAFE Min Vol Factor ETF by 11.4% during the 1st quarter. Evolve Private Wealth LLC now owns 3,635 shares of the company’s stock valued at $332,000 after purchasing an additional 372 shares during the last quarter. Purpose Unlimited Inc. purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF in the fourth quarter worth $13,985,000. Finally, Rockefeller Capital Management L.P. increased its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 16.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 48,498 shares of the company’s stock worth $4,183,000 after acquiring an additional 6,835 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

Shares of iShares MSCI EAFE Min Vol Factor ETF stock opened at $87.38 on Monday. iShares MSCI EAFE Min Vol Factor ETF has a 12 month low of $81.66 and a 12 month high of $95.13. The stock’s fifty day moving average price is $90.98 and its 200-day moving average price is $89.98. The firm has a market cap of $5.71 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.