iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Sets New 52-Week High – Should You Buy?

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)’s share price hit a new 52-week high on Wednesday. The stock traded as high as $95.40 and last traded at $95.3770, with a volume of 9,718 shares trading hands. The stock had previously closed at $95.28.

iShares MSCI EAFE Min Vol Factor ETF Stock Down 0.0%

The company has a 50 day moving average of $93.26 and a two-hundred day moving average of $91.69. The firm has a market cap of $6.22 billion, a P/E ratio of 16.91 and a beta of 0.57.

Institutional Investors Weigh In On iShares MSCI EAFE Min Vol Factor ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Hanson & Doremus Investment Management purchased a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the 3rd quarter valued at approximately $33,000. EverSource Wealth Advisors LLC boosted its stake in iShares MSCI EAFE Min Vol Factor ETF by 203.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 379 shares of the company’s stock worth $35,000 after purchasing an additional 254 shares during the period. CoreCap Advisors LLC grew its position in iShares MSCI EAFE Min Vol Factor ETF by 94.6% during the 2nd quarter. CoreCap Advisors LLC now owns 502 shares of the company’s stock worth $44,000 after purchasing an additional 244 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new position in iShares MSCI EAFE Min Vol Factor ETF during the 1st quarter worth approximately $53,000. Finally, Global Trust Asset Management LLC grew its position in iShares MSCI EAFE Min Vol Factor ETF by 50.0% during the 1st quarter. Global Trust Asset Management LLC now owns 750 shares of the company’s stock worth $69,000 after purchasing an additional 250 shares in 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.