Concurrent Investment Advisors LLC Increases Stock Position in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Concurrent Investment Advisors LLC raised its stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 67.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 19,512 shares of the company’s stock after buying an additional 7,829 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $1,683,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Ashton Thomas Securities LLC purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter valued at $489,000. Thrivent Financial for Lutherans raised its stake in iShares MSCI EAFE Min Vol Factor ETF by 156.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 9,293 shares of the company’s stock valued at $788,000 after buying an additional 5,673 shares during the last quarter. Focus Partners Advisor Solutions LLC raised its stake in iShares MSCI EAFE Min Vol Factor ETF by 67.8% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 43,986 shares of the company’s stock valued at $3,768,000 after buying an additional 17,773 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in iShares MSCI EAFE Min Vol Factor ETF by 126.6% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 52,397 shares of the company’s stock valued at $4,445,000 after buying an additional 29,269 shares during the last quarter. Finally, Stratos Wealth Partners LTD. raised its stake in iShares MSCI EAFE Min Vol Factor ETF by 102.5% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 15,690 shares of the company’s stock valued at $1,331,000 after buying an additional 7,942 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Trading Down 1.0%

Shares of EFAV opened at $90.06 on Thursday. The firm has a market cap of $5.88 billion, a PE ratio of 16.91 and a beta of 0.57. The firm has a fifty day simple moving average of $91.79 and a two-hundred day simple moving average of $88.68. iShares MSCI EAFE Min Vol Factor ETF has a 1-year low of $80.66 and a 1-year high of $95.13.

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.