Zhang Financial LLC Cuts Stock Position in iShares MSCI EAFE Value ETF (BATS:EFV)

Zhang Financial LLC cut its holdings in iShares MSCI EAFE Value ETF (BATS:EFV) by 1.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 85,707 shares of the company’s stock after selling 1,022 shares during the quarter. Zhang Financial LLC’s holdings in iShares MSCI EAFE Value ETF were worth $4,465,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Moneta Group Investment Advisors LLC increased its position in shares of iShares MSCI EAFE Value ETF by 92,577.7% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 228,843,548 shares of the company’s stock worth $10,499,342,000 after purchasing an additional 228,596,624 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI EAFE Value ETF by 174.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,139,913 shares of the company’s stock valued at $545,079,000 after buying an additional 26,191,458 shares during the period. Jane Street Group LLC purchased a new stake in shares of iShares MSCI EAFE Value ETF in the 1st quarter valued at $542,703,000. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of iShares MSCI EAFE Value ETF in the 3rd quarter valued at $465,950,000. Finally, Envestnet Asset Management Inc. raised its holdings in shares of iShares MSCI EAFE Value ETF by 20.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 55,715,653 shares of the company’s stock valued at $2,726,167,000 after buying an additional 9,519,411 shares during the period.

iShares MSCI EAFE Value ETF Price Performance

EFV stock remained flat at $52.54 during mid-day trading on Friday. The company’s stock had a trading volume of 1,453,582 shares. The company has a market cap of $17.65 billion, a P/E ratio of 9.51 and a beta of 0.84. The company has a fifty day moving average of $53.01 and a two-hundred day moving average of $51.14. iShares MSCI EAFE Value ETF has a 52 week low of $49.15 and a 52 week high of $59.57.

iShares MSCI EAFE Value ETF Profile

iShares MSCI EAFE Value ETF (the Fund), formerly iShares MSCI EAFE Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI EAFE Value Index. The Index is a subset of the MSCI EAFE Index and constituents of the Index include securities from Europe, Australasia (Australia and Asia), and the Far East.