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

Atomi Financial Group Inc. has recently increased its investment in the iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 3.2% during the third quarter. This information was disclosed in their latest filing with the SEC. Following this adjustment, Atomi Financial Group now holds a total of 5,322 shares of the ETF after acquiring an additional 165 shares within the quarter. The total value of their investment in this ETF stood at $408,000 by the end of the most recent quarter.

In addition to Atomi Financial Group, several other large investors have made changes to their positions in iShares MSCI EAFE Min Vol Factor ETF. For instance, Tsfg LLC entered the scene by acquiring a new stake during the second quarter, investing approximately $26,000. Sound Income Strategies LLC significantly increased their stake by 113.9% in the first quarter, now owning 400 shares worth about $28,000 after purchasing an additional 213 shares last quarter. Other new investors include Fairscale Capital LLC, Naples Money Management LLC, and Family Firm Inc., each investing roughly $29,000 in the ETF during the second quarter or the first quarter.

Current Performance of iShares MSCI EAFE Min Vol Factor ETF

On Friday, shares of iShares MSCI EAFE Min Vol Factor ETF opened at $75.77. The ETF has experienced a 52-week low of $64.68 and a high of $76.51 during this period. Notably, its 50-day moving average stands at $75.37, while the two-hundred-day moving average is at $72.20. The ETF currently holds a market capitalization of $7.26 billion, with a price-to-earnings ratio of 16.91 and a beta of 0.53, indicating its performance in relation to the broader market.

Overview of iShares MSCI EAFE Min Vol Factor ETF

The iShares MSCI EAFE Min Vol Factor ETF (EFAV) operates as an exchange-traded fund that is designed to mimic the MSCI EAFE Minimum Volatility (USD) Index. This fund tracks a diversified range of developed-market equities outside of the United States and Canada. It carefully selects and weighs these equities to form a portfolio with low volatility while adhering to guidelines that constrain sector exposure.

Market Insights

As investors continue to seek stability in the stock market, ETFs like the iShares MSCI EAFE Min Vol Factor are gaining attention for their design to minimize volatility. Investors are encouraged to keep an eye on development trends within the ETF as a whole and other large institutional movements, as they can signal shifts in market sentiment.

Acquisition, Investment, ETF