Asset Management Group Inc. Lowers Position in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV)

Asset Management Group Inc. decreased its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 1.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 103,062 shares of the company’s stock after selling 1,221 shares during the quarter. iShares MSCI EAFE Min Vol Factor ETF accounts for approximately 1.3% of Asset Management Group Inc.’s portfolio, making the stock its 24th largest position. Asset Management Group Inc. owned about 0.11% of iShares MSCI EAFE Min Vol Factor ETF worth $7,148,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. TPG Advisors LLC bought a new position in iShares MSCI EAFE Min Vol Factor ETF in the second quarter valued at $1,866,000. ProVise Management Group LLC raised its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 2.5% during the 2nd quarter. ProVise Management Group LLC now owns 114,913 shares of the company’s stock valued at $7,970,000 after buying an additional 2,775 shares in the last quarter. Perennial Investment Advisors LLC bought a new stake in iShares MSCI EAFE Min Vol Factor ETF in the 2nd quarter worth approximately $406,000. Valley Forge Investment Consultants Inc. ADV grew its position in iShares MSCI EAFE Min Vol Factor ETF by 7.6% during the second quarter. Valley Forge Investment Consultants Inc. ADV now owns 13,165 shares of the company’s stock valued at $913,000 after acquiring an additional 928 shares during the last quarter. Finally, Bell Investment Advisors Inc raised its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 0.8% during the second quarter. Bell Investment Advisors Inc now owns 19,211 shares of the company’s stock worth $1,332,000 after acquiring an additional 158 shares in the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

EFAV stock opened at $76.62 on Friday. The firm has a market cap of $7.34 billion, a P/E ratio of 16.91 and a beta of 0.53. The firm’s fifty day moving average is $74.18 and its 200 day moving average is $71.66. iShares MSCI EAFE Min Vol Factor ETF has a 52 week low of $64.68 and a 52 week high of $76.51.

iShares MSCI EAFE Min Vol Factor ETF Company Profile

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.