Atomi Financial Group Inc. Expands Investment in iShares MSCI EAFE Min Vol Factor ETF

Atomi Financial Group Inc. has enhanced its investment in the iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 3.2% during the third quarter of the year, as reported in its recent filing with the SEC. After acquiring an additional 165 shares in this quarter, Atomi now holds a total of 5,322 shares of the ETF. This investment is reportedly valued at $408,000 as of the end of the latest quarter.

In addition to Atomi Financial Group's investment, other institutional investors have also modified their positions in iShares MSCI EAFE Min Vol Factor ETF. For example, Tsfg LLC made a new investment in the ETF during the second quarter, spending around $26,000 to acquire shares. Similarly, Sound Income Strategies LLC increased its stake by 113.9% during the first quarter, acquiring a total of 400 shares worth $28,000, which includes purchasing an additional 213 shares last quarter. Other firms such as Fairscale Capital LLC and Naples Money Management LLC also entered new positions in the ETF during the second and first quarters, respectively, with investments of approximately $29,000.

Current Stock Performance

The stock price of iShares MSCI EAFE Min Vol Factor ETF opened at $75.77 recently, reflecting a 0.3% increase. Over the past year, the ETF has seen a low of $64.68 and a high of $76.51. The current 50-day moving average price is recorded at $75.37, while the two-hundred day moving average is at $72.20. The fund has a market capitalization of $7.26 billion, a price-to-earnings (P/E) ratio of 16.91, and a beta value of 0.53, indicating a relatively low level of volatility in comparison to the broader market.

About the Fund

The iShares MSCI EAFE Min Vol Factor ETF (EFAV) is an exchange-traded fund that aims to replicate the performance of the MSCI EAFE Minimum Volatility (USD) index. This index consists of developed-market equities outside of the United States and Canada, selected and weighted to assemble a low-volatility stock portfolio. The ETF is specifically designed to help investors reduce risk while maintaining exposure to equity returns in developed markets.

acquisition, ETF, investment