RiverFront Investment Group LLC Trims Position in iShares MSCI EAFE Value ETF (BATS:EFV)

RiverFront Investment Group LLC lessened its holdings in shares of iShares MSCI EAFE Value ETF (BATS:EFV) by 13.9% in the second quarter, Holdings Channel.com reports. The fund owned 1,048,596 shares of the company’s stock after selling 169,615 shares during the period. iShares MSCI EAFE Value ETF comprises approximately 1.5% of RiverFront Investment Group LLC’s portfolio, making the stock its 23rd largest holding. RiverFront Investment Group LLC’s holdings in iShares MSCI EAFE Value ETF were worth $55,618,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Kestra Investment Management LLC purchased a new stake in iShares MSCI EAFE Value ETF in the second quarter worth about $28,484,000. Ariadne Wealth Management LP purchased a new position in shares of iShares MSCI EAFE Value ETF during the 2nd quarter worth approximately $522,000. Advisory Alpha LLC raised its position in shares of iShares MSCI EAFE Value ETF by 15.1% in the 2nd quarter. Advisory Alpha LLC now owns 57,069 shares of the company’s stock worth $3,027,000 after acquiring an additional 7,505 shares in the last quarter. EP Wealth Advisors LLC lifted its stake in shares of iShares MSCI EAFE Value ETF by 3,990.3% in the 2nd quarter. EP Wealth Advisors LLC now owns 1,108,560 shares of the company’s stock valued at $58,798,000 after purchasing an additional 1,081,458 shares during the period. Finally, Magnolia Capital Advisors LLC bought a new stake in shares of iShares MSCI EAFE Value ETF during the second quarter valued at approximately $1,135,000.

iShares MSCI EAFE Value ETF Stock Down 0.6 %

Shares of EFV stock opened at $57.16 on Wednesday. The business’s fifty day moving average is $55.52 and its 200 day moving average is $54.76. The stock has a market cap of $17.79 billion, a price-to-earnings ratio of 10.89 and a beta of 0.70. iShares MSCI EAFE Value ETF has a twelve month low of $49.15 and a twelve month high of $59.57.

iShares MSCI EAFE Value ETF Company 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.