K2 Financial Inc. Acquires New Position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

K2 Financial Inc. acquired a new stake in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 4,364 shares of the company’s stock, valued at approximately $305,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Western Pacific Wealth Management LP purchased a new position in iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter valued at about $42,000. Provident Wealth Management LLC increased its holdings in iShares MSCI EAFE Min Vol Factor ETF by 73.1% during the 4th quarter. Provident Wealth Management LLC now owns 900 shares of the company’s stock valued at $64,000 after acquiring an additional 380 shares in the last quarter. Avior Wealth Management LLC purchased a new position in iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter valued at about $75,000. Bank of Jackson Hole Trust purchased a new position in iShares MSCI EAFE Min Vol Factor ETF during the 4th quarter valued at about $83,000. Finally, Synergy Asset Management LLC purchased a new position in iShares MSCI EAFE Min Vol Factor ETF during the 4th quarter valued at about $85,000.

iShares MSCI EAFE Min Vol Factor ETF Trading Up 10.9 %

BATS:EFAV opened at $77.61 on Friday. The firm has a 50-day moving average price of $73.00 and a two-hundred day moving average price of $74.04. iShares MSCI EAFE Min Vol Factor ETF has a twelve month low of $67.68 and a twelve month high of $78.24. The company has a market capitalization of $5.28 billion, a P/E ratio of 17.80 and a beta of 0.61.

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.