Independent Solutions Wealth Management LLC Acquires New Stake in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Independent Solutions Wealth Management LLC purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 14,187 shares of the company’s stock, valued at approximately $1,193,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Sweeney & Michel LLC raised its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.4% in the second quarter. Sweeney & Michel LLC now owns 9,462 shares of the company’s stock valued at $788,000 after acquiring an additional 132 shares in the last quarter. Kathmere Capital Management LLC grew its stake in iShares MSCI EAFE Min Vol Factor ETF by 4.0% during the 1st quarter. Kathmere Capital Management LLC now owns 3,545 shares of the company’s stock worth $276,000 after buying an additional 137 shares during the last quarter. Cowa LLC grew its position in iShares MSCI EAFE Min Vol Factor ETF by 3.3% during the 1st quarter. Cowa LLC now owns 4,631 shares of the company’s stock worth $361,000 after purchasing an additional 150 shares during the last quarter. Patriot Investment Management Group Inc. grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.7% in the 1st quarter. Patriot Investment Management Group Inc. now owns 9,186 shares of the company’s stock worth $716,000 after acquiring an additional 155 shares during the period. Finally, Goldstein Advisors LLC raised its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 3.4% in the first quarter. Goldstein Advisors LLC now owns 5,251 shares of the company’s stock valued at $409,000 after buying an additional 173 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Stock Up 21.8%

Shares of EFAV stock opened at $85.23 on Tuesday. The stock has a market cap of $5.57 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57. The firm’s 50 day moving average price is $84.80 and its two-hundred day moving average price is $82.80. iShares MSCI EAFE Min Vol Factor ETF has a fifty-two week low of $69.19 and a fifty-two week high of $85.52.

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.