Foster & Motley Inc. Sells 17,845 Shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Foster & Motley Inc. decreased its holdings in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 49.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,109 shares of the company’s stock after selling 17,845 shares during the period. Foster & Motley Inc.’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $1,256,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of EFAV. FMR LLC grew its position in iShares MSCI EAFE Min Vol Factor ETF by 25.0% in the 3rd quarter. FMR LLC now owns 12,317,849 shares of the company’s stock worth $803,370,000 after purchasing an additional 2,464,925 shares during the period. Envestnet Asset Management Inc. increased its position in iShares MSCI EAFE Min Vol Factor ETF by 5.0% during the third quarter. Envestnet Asset Management Inc. now owns 5,012,372 shares of the company’s stock valued at $326,907,000 after acquiring an additional 237,514 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its position in iShares MSCI EAFE Min Vol Factor ETF by 16.9% during the third quarter. Mercer Global Advisors Inc. ADV now owns 3,498,393 shares of the company’s stock valued at $228,165,000 after acquiring an additional 506,040 shares during the last quarter. Balentine LLC boosted its position in iShares MSCI EAFE Min Vol Factor ETF by 2.3% in the third quarter. Balentine LLC now owns 2,330,206 shares of the company’s stock worth $151,976,000 after purchasing an additional 51,690 shares during the last quarter. Finally, Wharton Business Group LLC grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 4.9% during the 3rd quarter. Wharton Business Group LLC now owns 1,605,074 shares of the company’s stock valued at $104,683,000 after purchasing an additional 75,270 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Stock Up 0.8 %

Shares of BATS:EFAV opened at $69.84 on Wednesday. The stock has a market capitalization of $6.74 billion, a PE ratio of 16.38 and a beta of 0.51. The firm’s 50 day moving average price is $69.84 and its 200-day moving average price is $68.24. iShares MSCI EAFE Min Vol Factor ETF has a twelve month low of $64.68 and a twelve month high of $76.51.

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.