Comerica Bank Acquires 4,742 Shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Comerica Bank raised its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 4.5% in the 4th quarter, Holdings Channel reports. The firm owned 110,870 shares of the company’s stock after purchasing an additional 4,742 shares during the quarter. Comerica Bank’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $7,840,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Provident Wealth Management LLC lifted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 73.1% in the 4th quarter. Provident Wealth Management LLC now owns 900 shares of the company’s stock worth $64,000 after buying an additional 380 shares during the period. Larson Financial Group LLC increased its position in iShares MSCI EAFE Min Vol Factor ETF by 38.2% during the 4th quarter. Larson Financial Group LLC now owns 962 shares of the company’s stock valued at $68,000 after purchasing an additional 266 shares during the period. 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. Bank of Jackson Hole Trust bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the 4th quarter valued at about $83,000. Finally, Glass Jacobson Investment Advisors llc lifted its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 131.9% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 1,287 shares of the company’s stock worth $91,000 after purchasing an additional 732 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Stock Up 18.4 %

Shares of EFAV stock opened at $82.85 on Friday. The company’s 50 day moving average is $78.27 and its 200 day moving average is $74.74. The firm has a market cap of $5.46 billion, a price-to-earnings ratio of 17.75 and a beta of 0.56. iShares MSCI EAFE Min Vol Factor ETF has a 52-week low of $68.56 and a 52-week high of $83.26.

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.