RiverFront Investment Group LLC Cuts Stake in iShares MSCI EAFE Value ETF (BATS:EFV)

RiverFront Investment Group LLC cut its holdings in shares of iShares MSCI EAFE Value ETF (BATS:EFV) by 13.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,048,596 shares of the company’s stock after selling 169,615 shares during the quarter. iShares MSCI EAFE Value ETF accounts for approximately 1.5% of RiverFront Investment Group LLC’s holdings, making the stock its 23rd biggest holding. RiverFront Investment Group LLC owned approximately 0.34% of iShares MSCI EAFE Value ETF worth $55,618,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. US Bancorp DE increased its stake in iShares MSCI EAFE Value ETF by 2.2% in the 2nd quarter. US Bancorp DE now owns 11,770,755 shares of the company’s stock worth $624,334,000 after purchasing an additional 256,580 shares during the period. Jane Street Group LLC bought a new position in shares of iShares MSCI EAFE Value ETF in the first quarter worth approximately $538,948,000. Baird Financial Group Inc. increased its stake in shares of iShares MSCI EAFE Value ETF by 726.2% in the fourth quarter. Baird Financial Group Inc. now owns 2,261,406 shares of the company’s stock worth $117,819,000 after buying an additional 1,987,682 shares during the period. Cetera Investment Advisers raised its holdings in iShares MSCI EAFE Value ETF by 34.4% during the 1st quarter. Cetera Investment Advisers now owns 2,055,668 shares of the company’s stock valued at $111,828,000 after buying an additional 526,655 shares during the last quarter. Finally, Modera Wealth Management LLC raised its holdings in iShares MSCI EAFE Value ETF by 11.2% during the 2nd quarter. Modera Wealth Management LLC now owns 1,922,664 shares of the company’s stock valued at $101,978,000 after buying an additional 193,532 shares during the last quarter.

iShares MSCI EAFE Value ETF Stock Down 0.6 %

Shares of iShares MSCI EAFE Value ETF stock opened at $57.16 on Wednesday. The company’s fifty day simple moving average is $55.52 and its two-hundred day simple moving average is $54.76. iShares MSCI EAFE Value ETF has a 12-month low of $49.15 and a 12-month high of $59.57. The firm has a market cap of $17.79 billion, a PE ratio of 10.89 and a beta of 0.70.

About iShares MSCI EAFE Value ETF

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.