8,716 Shares in iShares MSCI EAFE Min Vol Factor ETF $EFAV Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC acquired a new stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) during the third quarter, Holdings Channel reports. The fund acquired 8,716 shares of the company’s stock, valued at approximately $794,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 2.5% during the first quarter. Cetera Investment Advisers now owns 356,879 shares of the company’s stock worth $32,608,000 after buying an additional 8,781 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of 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 during the last quarter. Brookstone Capital Management purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the third quarter worth about $18,230,000. Anderson Hoagland & Co. purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the third quarter worth about $14,722,000. Finally, Ledyard National Bank purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the third quarter worth about $14,435,000.

iShares MSCI EAFE Min Vol Factor ETF Trading Down 0.7%

Shares of BATS EFAV opened at $95.56 on Wednesday. iShares MSCI EAFE Min Vol Factor ETF has a 12-month low of $83.85 and a 12-month high of $96.60. The stock has a market cap of $6.24 billion, a PE ratio of 16.91 and a beta of 0.57. The company has a 50-day moving average of $93.65 and a 200 day moving average of $91.71.

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.