iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Sets New 12-Month High – Time to Buy?

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $92.33 and last traded at $92.4350, with a volume of 690669 shares trading hands. The stock had previously closed at $91.57.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

The firm has a 50-day simple moving average of $87.35 and a 200 day simple moving average of $85.78. The firm has a market cap of $6.03 billion, a PE ratio of 16.91 and a beta of 0.57.

Institutional Trading of iShares MSCI EAFE Min Vol Factor ETF

Several institutional investors have recently added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 5,720.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 291 shares of the company’s stock worth $25,000 after acquiring an additional 286 shares during the period. Founders Financial Alliance LLC bought a new stake in iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter worth approximately $26,000. Howe & Rusling Inc. purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the second quarter valued at about $29,000. Wealth Watch Advisors INC purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter valued at approximately $30,000. Finally, Princeton Global Asset Management LLC increased its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 3,118.2% in the fourth quarter. Princeton Global Asset Management LLC now owns 354 shares of the company’s stock worth $31,000 after purchasing an additional 343 shares during the last quarter.

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