Magnolia Capital Advisors LLC Purchases 1,292 Shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Magnolia Capital Advisors LLC boosted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 20.1% in the second quarter, HoldingsChannel reports. The firm owned 7,730 shares of the company’s stock after purchasing an additional 1,292 shares during the quarter. Magnolia Capital Advisors LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $536,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EFAV. Vantage Financial Partners LLC bought a new position in iShares MSCI EAFE Min Vol Factor ETF during the fourth quarter worth $575,000. Corient Private Wealth LLC boosted its position in iShares MSCI EAFE Min Vol Factor ETF by 18.0% during the fourth quarter. Corient Private Wealth LLC now owns 10,625 shares of the company’s stock worth $737,000 after purchasing an additional 1,619 shares during the period. Focus Financial Network Inc. ADV bought a new position in iShares MSCI EAFE Min Vol Factor ETF during the fourth quarter worth $379,000. 1832 Asset Management L.P. boosted its position in iShares MSCI EAFE Min Vol Factor ETF by 1.9% during the fourth quarter. 1832 Asset Management L.P. now owns 20,290 shares of the company’s stock worth $1,407,000 after purchasing an additional 370 shares during the period. Finally, Exencial Wealth Advisors LLC bought a new position in iShares MSCI EAFE Min Vol Factor ETF during the fourth quarter worth $206,000.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

EFAV stock opened at $76.69 on Tuesday. The company has a fifty day moving average price of $74.72 and a two-hundred day moving average price of $71.90. iShares MSCI EAFE Min Vol Factor ETF has a one year low of $64.68 and a one year high of $76.51. The stock has a market cap of $7.35 billion, a price-to-earnings ratio of 16.91 and a beta of 0.53.

iShares MSCI EAFE Min Vol Factor ETF Company Profile

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.