Bestgate Wealth Advisors LLC Makes New $299,000 Investment in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Bestgate Wealth Advisors LLC acquired a new stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,234 shares of the company’s stock, valued at approximately $299,000.

Several other hedge funds and other institutional investors have also made changes to their positions in EFAV. Wharton Business Group LLC boosted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 35.7% in the fourth quarter. Wharton Business Group LLC now owns 1,668,037 shares of the company’s stock valued at $117,947,000 after purchasing an additional 438,796 shares during the period. Jane Street Group LLC boosted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 100.9% in the third quarter. Jane Street Group LLC now owns 867,994 shares of the company’s stock valued at $66,575,000 after purchasing an additional 436,013 shares during the period. Raymond James Financial Inc. purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the fourth quarter valued at approximately $29,176,000. Kingsview Wealth Management LLC purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the fourth quarter valued at approximately $3,419,000. Finally, Sequoia Financial Advisors LLC boosted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 1,305.7% in the fourth quarter. Sequoia Financial Advisors LLC now owns 47,413 shares of the company’s stock valued at $3,353,000 after purchasing an additional 44,040 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

BATS EFAV opened at $78.81 on Wednesday. The firm has a 50 day simple moving average of $74.19 and a 200-day simple moving average of $74.14. iShares MSCI EAFE Min Vol Factor ETF has a one year low of $67.68 and a one year high of $78.95. The firm has a market cap of $4.92 billion, a price-to-earnings ratio of 17.75 and a beta of 0.61.

iShares MSCI EAFE Min Vol Factor ETF Company 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.