Ocean Park Asset Management LLC Makes New $9.11 Million Investment in iShares MSCI EAFE Min Vol Factor ETF $EFAV

Ocean Park Asset Management LLC bought a new position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 99,751 shares of the company’s stock, valued at approximately $9,114,000.

A number of other hedge funds have also bought and sold shares of the stock. Jane Street Group LLC acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the 2nd quarter valued at $22,963,000. Morgan Stanley boosted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 9.0% during the fourth quarter. Morgan Stanley now owns 2,310,102 shares of the company’s stock worth $199,246,000 after buying an additional 190,252 shares in the last quarter. Vestcor Inc boosted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 452.1% during the 4th quarter. Vestcor Inc now owns 230,175 shares of the company’s stock worth $19,853,000 after acquiring an additional 188,483 shares in the last quarter. Ameriprise Financial Inc. boosted its position in iShares MSCI EAFE Min Vol Factor ETF by 32.6% during the second quarter. Ameriprise Financial Inc. now owns 767,283 shares of the company’s stock worth $64,520,000 after purchasing an additional 188,461 shares in the last quarter. Finally, Purpose Unlimited Inc. acquired a new stake in iShares MSCI EAFE Min Vol Factor ETF in the 4th quarter valued at $13,985,000.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

BATS:EFAV opened at $87.38 on Monday. The company has a fifty day moving average of $90.98 and a two-hundred day moving average of $89.98. The stock has a market capitalization of $5.71 billion, a PE 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.

iShares MSCI EAFE Min Vol Factor ETF 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. EFAV was launched on Oct 18, 2011 and is managed by BlackRock.