Richardson Financial Services Inc. Raises Position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Richardson Financial Services Inc. boosted its position in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 5.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,226 shares of the company’s stock after acquiring an additional 168 shares during the period. Richardson Financial Services Inc.’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $225,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Park Avenue Securities LLC lifted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 26.2% in the first quarter. Park Avenue Securities LLC now owns 3,749 shares of the company’s stock valued at $266,000 after purchasing an additional 779 shares during the period. RHS Financial LLC raised its holdings in iShares MSCI EAFE Min Vol Factor ETF by 34.9% in the first quarter. RHS Financial LLC now owns 9,343 shares of the company’s stock valued at $662,000 after buying an additional 2,416 shares during the period. Shira Ridge Wealth Management boosted its position in iShares MSCI EAFE Min Vol Factor ETF by 2.1% during the 1st quarter. Shira Ridge Wealth Management now owns 12,697 shares of the company’s stock worth $900,000 after purchasing an additional 260 shares during the period. Brickley Wealth Management lifted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 2.2% during the first quarter. Brickley Wealth Management now owns 30,799 shares of the company’s stock worth $2,183,000 after purchasing an additional 669 shares in the last quarter. Finally, Diversify Advisory Services LLC purchased a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the first quarter valued at $602,000.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

Shares of EFAV stock traded down $0.34 during mid-day trading on Friday, reaching $74.15. 188,498 shares of the company were exchanged. The business’s 50 day simple moving average is $76.05 and its 200 day simple moving average is $72.58. The company has a market capitalization of $7.10 billion, a P/E ratio of 16.91 and a beta of 0.53. iShares MSCI EAFE Min Vol Factor ETF has a fifty-two week low of $64.68 and a fifty-two week high of $76.51.

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.