Diversify Wealth Management LLC Makes New Investment in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Diversify Wealth Management LLC purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 29,096 shares of the company’s stock, valued at approximately $2,620,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Breakwater Capital Group grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 0.6% in the first quarter. Breakwater Capital Group now owns 19,516 shares of the company’s stock valued at $1,783,000 after purchasing an additional 113 shares during the period. Integrated Advisors Network LLC raised its stake in iShares MSCI EAFE Min Vol Factor ETF by 2.9% during the first quarter. Integrated Advisors Network LLC now owns 4,574 shares of the company’s stock worth $418,000 after purchasing an additional 129 shares during the period. Joel Isaacson & Co. LLC raised its stake in iShares MSCI EAFE Min Vol Factor ETF by 1.4% during the fourth quarter. Joel Isaacson & Co. LLC now owns 10,258 shares of the company’s stock worth $885,000 after purchasing an additional 138 shares during the period. Brown Wealth Management LLC boosted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 0.7% in the 4th quarter. Brown Wealth Management LLC now owns 20,821 shares of the company’s stock valued at $1,796,000 after purchasing an additional 144 shares during the last quarter. Finally, Harbour Investments Inc. boosted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 8.4% in the 4th quarter. Harbour Investments Inc. now owns 2,010 shares of the company’s stock valued at $173,000 after purchasing an additional 155 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

iShares MSCI EAFE Min Vol Factor ETF stock opened at $89.72 on Tuesday. The firm has a 50 day simple moving average of $89.75 and a 200-day simple moving average of $90.24. iShares MSCI EAFE Min Vol Factor ETF has a 1-year low of $81.66 and a 1-year high of $95.13. The stock has a market cap of $5.86 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57.

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.