Ledyard National Bank Makes New Investment in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Ledyard National Bank acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 158,422 shares of the company’s stock, valued at approximately $14,435,000. iShares MSCI EAFE Min Vol Factor ETF accounts for approximately 1.1% of Ledyard National Bank’s portfolio, making the stock its 24th biggest holding.

A number of other institutional investors also recently modified their holdings of EFAV. Hanson & Doremus Investment Management purchased a new position in iShares MSCI EAFE Min Vol Factor ETF in the third quarter valued at about $33,000. EverSource Wealth Advisors LLC raised its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 203.2% in the first quarter. EverSource Wealth Advisors LLC now owns 379 shares of the company’s stock valued at $35,000 after purchasing an additional 254 shares during the period. CoreCap Advisors LLC raised its holdings in iShares MSCI EAFE Min Vol Factor ETF by 94.6% in the 2nd quarter. CoreCap Advisors LLC now owns 502 shares of the company’s stock worth $44,000 after acquiring an additional 244 shares during the period. Allspring Global Investments Holdings LLC bought a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the first quarter worth about $53,000. Finally, Global Trust Asset Management LLC increased its position in iShares MSCI EAFE Min Vol Factor ETF by 50.0% in the 1st quarter. Global Trust Asset Management LLC now owns 750 shares of the company’s stock worth $69,000 after buying an additional 250 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

BATS:EFAV opened at $96.16 on Friday. The company has a fifty day moving average price of $93.35 and a 200 day moving average price of $91.74. The stock has a market cap of $6.28 billion, a P/E ratio of 16.91 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a one year low of $83.85 and a one year high of $96.18.

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.