BlackRock Group’s iShares MSCI EAFE Min Vol Factor ETF EFAV Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	$27M	Hold	441,610	–	–	0.01%	729
2016 Q3	$29.9M	Hold	441,610	–	–	0.02%	702
2016 Q2	$29.3M	Sell	441,610 -42,010	-9%	-$2.81M	0.02%	696
2016 Q1	$32.1M	Buy	483,620 +52,797	+12%	+$3.36M	0.02%	683
2015 Q4	$27.9M	Hold	430,823	–	–	0.02%	714
2015 Q3	$26.9M	Hold	430,823	–	–	0.02%	705
2015 Q2	$28.1M	Sell	430,823 -24,289	-5%	-$1.65M	0.02%	729
2015 Q1	$30M	Sell	455,112 -17,580	-4%	-$1.14M	0.02%	713
2014 Q4	$29.2M	Buy	472,692 +12,371	+3%	+$775K	0.02%	716
2014 Q3	$28.8M	Hold	460,321	–	–	0.02%	702
2014 Q2	$30.1M	Buy	460,321 +37,663	+9%	+$2.44M	0.02%	694
2014 Q1	$26.5M	Hold	422,658	–	–	0.02%	708
2013 Q4	$26M	Buy	422,658 +7,595	+2%	+$465K	0.02%	697
2013 Q3	$25.3M	Hold	415,063	–	–	0.02%	711
2013 Q2	$23.7M	Buy	+415,063	New	+$24.8M	0.02%	675