Focus Financial Network Inc. Decreases Holdings in iShares MSCI EAFE Value ETF (BATS:EFV)

Focus Financial Network Inc. cut its stake in iShares MSCI EAFE Value ETF (BATS:EFV) by 23.4% during the second quarter, HoldingsChannel reports. The institutional investor owned 76,824 shares of the company’s stock after selling 23,445 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares MSCI EAFE Value ETF were worth $4,253,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in EFV. Foster Group Inc. lifted its position in shares of iShares MSCI EAFE Value ETF by 1.5% during the first quarter. Foster Group Inc. now owns 12,787 shares of the company’s stock worth $696,000 after purchasing an additional 194 shares in the last quarter. Noble Family Wealth LLC grew its position in iShares MSCI EAFE Value ETF by 0.3% during the 2nd quarter. Noble Family Wealth LLC now owns 63,084 shares of the company’s stock worth $3,346,000 after purchasing an additional 205 shares during the last quarter. Telemus Capital LLC lifted its position in iShares MSCI EAFE Value ETF by 0.4% in the fourth quarter. Telemus Capital LLC now owns 55,391 shares of the company’s stock valued at $2,886,000 after purchasing an additional 216 shares during the period. Fortress Wealth Management Inc. grew its holdings in iShares MSCI EAFE Value ETF by 0.8% during the second quarter. Fortress Wealth Management Inc. now owns 26,670 shares of the company’s stock worth $1,415,000 after acquiring an additional 223 shares during the period. Finally, Partners Capital Investment Group LLP increased its position in shares of iShares MSCI EAFE Value ETF by 0.3% in the fourth quarter. Partners Capital Investment Group LLP now owns 72,427 shares of the company’s stock valued at $3,773,000 after buying an additional 227 shares in the last quarter.

iShares MSCI EAFE Value ETF Stock Down 0.4 %

Shares of iShares MSCI EAFE Value ETF stock traded down $0.23 during trading on Tuesday, hitting $55.38. 940,284 shares of the company were exchanged. The stock has a market capitalization of $17.23 billion, a price-to-earnings ratio of 10.89 and a beta of 0.70. The firm has a 50 day moving average price of $53.79 and a 200 day moving average price of $53.78. iShares MSCI EAFE Value ETF has a fifty-two week low of $49.15 and a fifty-two week high of $59.57.

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.