Portland Financial Advisors Inc Purchases Shares of 8,023 iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Portland Financial Advisors Inc acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,023 shares of the company’s stock, valued at approximately $567,000. iShares MSCI EAFE Min Vol Factor ETF makes up about 1.5% of Portland Financial Advisors Inc’s investment portfolio, making the stock its 19th biggest position.

Several other institutional investors also recently modified their holdings of EFAV. Wharton Business Group LLC lifted its stake in iShares MSCI EAFE Min Vol Factor ETF by 35.7% during the fourth quarter. Wharton Business Group LLC now owns 1,668,037 shares of the company’s stock worth $117,947,000 after purchasing an additional 438,796 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in iShares MSCI EAFE Min Vol Factor ETF in the 4th quarter worth approximately $374,000. Bank of Jackson Hole Trust purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF in the fourth quarter worth approximately $83,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in iShares MSCI EAFE Min Vol Factor ETF during the fourth quarter valued at approximately $841,000. Finally, Truist Financial Corp raised its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 12.5% during the fourth quarter. Truist Financial Corp now owns 98,576 shares of the company’s stock worth $6,970,000 after acquiring an additional 10,919 shares in the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

Shares of iShares MSCI EAFE Min Vol Factor ETF stock opened at $74.98 on Monday. The stock has a market capitalization of $7.18 billion, a price-to-earnings ratio of 16.91 and a beta of 0.53. The company has a fifty day moving average of $72.00 and a 200-day moving average of $73.80. iShares MSCI EAFE Min Vol Factor ETF has a 52-week low of $64.68 and a 52-week high of $76.51.

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.