iShares MSCI EAFE Value ETF $EFV Position Trimmed by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. decreased its holdings in shares of iShares MSCI EAFE Value ETF (BATS:EFV) by 1.1% in the 2nd quarter, Holdings Channel reports. The firm owned 26,016 shares of the company’s stock after selling 291 shares during the quarter. Sovereign Financial Group Inc.’s holdings in iShares MSCI EAFE Value ETF were worth $1,651,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the business. Concurrent Investment Advisors LLC increased its stake in iShares MSCI EAFE Value ETF by 69.3% during the second quarter. Concurrent Investment Advisors LLC now owns 49,623 shares of the company’s stock valued at $3,150,000 after purchasing an additional 20,319 shares during the last quarter. Johnson Investment Counsel Inc. increased its stake in iShares MSCI EAFE Value ETF by 13.4% during the second quarter. Johnson Investment Counsel Inc. now owns 229,278 shares of the company’s stock valued at $14,555,000 after purchasing an additional 27,027 shares during the last quarter. GFS Advisors LLC acquired a new position in shares of iShares MSCI EAFE Value ETF during the second quarter valued at $888,000. Apollon Wealth Management LLC grew its position in shares of iShares MSCI EAFE Value ETF by 29.9% during the second quarter. Apollon Wealth Management LLC now owns 128,243 shares of the company’s stock worth $8,141,000 after acquiring an additional 29,537 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC grew its position in shares of iShares MSCI EAFE Value ETF by 5.2% during the second quarter. Fifth Third Wealth Advisors LLC now owns 7,642 shares of the company’s stock worth $485,000 after acquiring an additional 379 shares during the last quarter.

iShares MSCI EAFE Value ETF Stock Performance

iShares MSCI EAFE Value ETF stock opened at $66.72 on Friday. The company has a 50-day simple moving average of $67.16 and a 200-day simple moving average of $63.52. The firm has a market capitalization of $27.35 billion, a P/E ratio of 12.17 and a beta of 0.73. iShares MSCI EAFE Value ETF has a one year low of $51.05 and a one year high of $66.83.

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.