Great Valley Advisor Group Inc. Sells 1,671 Shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Great Valley Advisor Group Inc. cut its stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 9.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,299 shares of the company’s stock after selling 1,671 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $1,061,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. FMR LLC grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 25.0% during the 3rd quarter. FMR LLC now owns 12,317,849 shares of the company’s stock valued at $803,370,000 after acquiring an additional 2,464,925 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 5.0% during the 3rd 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 period. Mercer Global Advisors Inc. ADV grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 16.9% during the 3rd 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 period. Balentine LLC grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 2.3% during the 3rd quarter. Balentine LLC now owns 2,330,206 shares of the company’s stock valued at $151,976,000 after acquiring an additional 51,690 shares during the period. 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 acquiring an additional 75,270 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

EFAV stock opened at $70.47 on Friday. iShares MSCI EAFE Min Vol Factor ETF has a 1-year low of $64.68 and a 1-year high of $76.51. The company has a market capitalization of $6.80 billion, a price-to-earnings ratio of 16.38 and a beta of 0.51. The business has a 50 day simple moving average of $69.93 and a two-hundred day simple moving average of $68.44.

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.