Aznar Financial Advisors LLC Invests $1.35 Million in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Aznar Financial Advisors LLC purchased a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 15,637 shares of the company’s stock, valued at approximately $1,349,000. iShares MSCI EAFE Min Vol Factor ETF makes up approximately 1.3% of Aznar Financial Advisors LLC’s investment portfolio, making the stock its 16th biggest position.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Morgan Stanley lifted its stake in iShares MSCI EAFE Min Vol Factor ETF by 9.0% in the 4th quarter. Morgan Stanley now owns 2,310,102 shares of the company’s stock worth $199,246,000 after acquiring an additional 190,252 shares in the last quarter. Ameriprise Financial Inc. boosted its position in iShares MSCI EAFE Min Vol Factor ETF by 32.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 767,283 shares of the company’s stock worth $64,520,000 after acquiring an additional 188,461 shares during the period. UBS Group AG boosted its position in iShares MSCI EAFE Min Vol Factor ETF by 9.5% during the 3rd quarter. UBS Group AG now owns 712,195 shares of the company’s stock worth $60,416,000 after acquiring an additional 61,925 shares during the period. Sei Investments Co. grew its stake in iShares MSCI EAFE Min Vol Factor ETF by 1.8% during the 3rd quarter. Sei Investments Co. now owns 633,870 shares of the company’s stock valued at $53,766,000 after acquiring an additional 10,997 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in iShares MSCI EAFE Min Vol Factor ETF by 4.6% during the 2nd quarter. Raymond James Financial Inc. now owns 439,656 shares of the company’s stock valued at $36,957,000 after acquiring an additional 19,227 shares in the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

Shares of EFAV opened at $87.38 on Friday. The company has a market capitalization of $5.71 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a fifty-two week low of $81.66 and a fifty-two week high of $95.13. The business’s 50-day moving average is $91.10 and its 200-day moving average is $89.97.

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.