iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Sets New 12-Month High – Here’s What Happened

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $93.99 and last traded at $93.3150, with a volume of 693376 shares changing hands. The stock had previously closed at $93.66.

iShares MSCI EAFE Min Vol Factor ETF Stock Down 0.4%

The firm’s 50 day moving average is $88.11 and its 200 day moving average is $86.16. The firm has a market capitalization of $6.10 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Johnson Investment Counsel Inc. boosted its stake in iShares MSCI EAFE Min Vol Factor ETF by 2.2% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 5,762 shares of the company’s stock worth $489,000 after purchasing an additional 126 shares during the period. Joel Isaacson & Co. LLC grew its stake in iShares MSCI EAFE Min Vol Factor ETF by 1.4% in the fourth quarter. Joel Isaacson & Co. LLC now owns 10,258 shares of the company’s stock valued at $885,000 after purchasing an additional 138 shares in the last quarter. Brown Wealth Management LLC increased its holdings in iShares MSCI EAFE Min Vol Factor ETF by 0.7% in the fourth quarter. Brown Wealth Management LLC now owns 20,821 shares of the company’s stock worth $1,796,000 after buying an additional 144 shares during the last quarter. Harbour Investments Inc. increased its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 8.4% during the 4th quarter. Harbour Investments Inc. now owns 2,010 shares of the company’s stock worth $173,000 after purchasing an additional 155 shares during the last quarter. Finally, Patriot Investment Management Group Inc. increased its position in iShares MSCI EAFE Min Vol Factor ETF by 1.8% during the third quarter. Patriot Investment Management Group Inc. now owns 9,046 shares of the company’s stock worth $767,000 after buying an additional 156 shares during the last quarter.

About iShares MSCI EAFE Min Vol Factor ETF

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.