Christensen King & Associates Investment Services Inc. Invests $206,000 in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Christensen King & Associates Investment Services Inc. purchased a new position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,689 shares of the company’s stock, valued at approximately $206,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tsfg LLC purchased a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the second quarter worth approximately $26,000. Sound Income Strategies LLC grew its stake in iShares MSCI EAFE Min Vol Factor ETF by 113.9% in the first quarter. Sound Income Strategies LLC now owns 400 shares of the company’s stock worth $28,000 after purchasing an additional 213 shares in the last quarter. Naples Money Management LLC bought a new position in iShares MSCI EAFE Min Vol Factor ETF in the first quarter worth approximately $29,000. Family Firm Inc. bought a new position in iShares MSCI EAFE Min Vol Factor ETF in the second quarter worth approximately $29,000. Finally, Fairscale Capital LLC bought a new position in iShares MSCI EAFE Min Vol Factor ETF in the second quarter worth approximately $29,000.

iShares MSCI EAFE Min Vol Factor ETF Stock Down 1.2 %

BATS:EFAV traded down $0.90 during midday trading on Tuesday, hitting $75.16. The stock had a trading volume of 323,542 shares. iShares MSCI EAFE Min Vol Factor ETF has a one year low of $64.68 and a one year high of $76.51. The company has a market capitalization of $7.20 billion, a price-to-earnings ratio of 16.91 and a beta of 0.53. The stock has a 50-day moving average of $75.98 and a 200 day moving average of $72.47.

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.