ETFs

Atomi Financial Group Inc. Increases Stake in iShares MSCI EAFE Min Vol Factor ETF

Published October 12, 2024

Atomi Financial Group Inc. has recently enhanced its investment in the iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 3.2% in the third quarter, as per its latest filing with the Securities and Exchange Commission (SEC). This institutional investor now holds a total of 5,322 shares after purchasing an additional 165 shares during this quarter. The total value of Atomi Financial Group Inc.'s holdings in the ETF was approximately $408,000 at the close of this quarter.

Other significant investors have also adjusted their positions in the iShares MSCI EAFE Min Vol Factor ETF. For instance, Tsfg LLC established a new holding in the ETF during the second quarter, with an investment estimated at $26,000. Similarly, Sound Income Strategies LLC increased its stake in the ETF by 113.9% during the first quarter and now owns 400 shares valued at about $28,000, following the acquisition of an additional 213 shares. A number of other firms, including Fairscale Capital LLC, Naples Money Management LLC, and Family Firm Inc., all acquired new positions in the ETF during the second quarter, each worth around $29,000.

Current Performance of the iShares MSCI EAFE Min Vol Factor ETF

As of Friday, the iShares MSCI EAFE Min Vol Factor ETF opened with a value of $75.77. The stock has experienced a 52-week low of $64.68 and a 52-week high of $76.51. Current moving averages for the ETF stand at $75.37 over the last 50 days and $72.20 over the last 200 days. The ETF boasts a market capitalization of approximately $7.26 billion, a price-to-earnings ratio of 16.91, and a beta of 0.53, indicating its relative stability compared to the overall market.

Overview of iShares MSCI EAFE Min Vol Factor ETF

The iShares MSCI EAFE Min Vol Factor ETF (EFAV) is designed to track the performance of the MSCI EAFE Minimum Volatility (USD) Index. This ETF focuses on equities from developed markets excluding the US and Canada, selecting and weighting stocks for a portfolio that aims to minimize volatility, while also adhering to specific constraints related to sector exposure.

Atomi, Investment, Shares