Kovack Advisors Inc. Sells 3,863 Shares of iShares MSCI EAFE Value ETF (BATS:EFV)

Kovack Advisors Inc. trimmed its holdings in iShares MSCI EAFE Value ETF (BATS:EFV) by 45.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,709 shares of the company’s stock after selling 3,863 shares during the quarter. Kovack Advisors Inc.’s holdings in iShares MSCI EAFE Value ETF were worth $245,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of EFV. GAMMA Investing LLC purchased a new stake in iShares MSCI EAFE Value ETF in the fourth quarter worth $26,000. Signaturefd LLC boosted its position in iShares MSCI EAFE Value ETF by 172.8% in the 3rd quarter. Signaturefd LLC now owns 502 shares of the company’s stock valued at $25,000 after buying an additional 318 shares during the period. Sheets Smith Wealth Management bought a new position in iShares MSCI EAFE Value ETF in the 3rd quarter worth about $25,000. Tompkins Financial Corp increased its position in shares of iShares MSCI EAFE Value ETF by 59.8% during the fourth quarter. Tompkins Financial Corp now owns 524 shares of the company’s stock worth $27,000 after acquiring an additional 196 shares during the period. Finally, Phillips Financial Management LLC purchased a new position in shares of iShares MSCI EAFE Value ETF during the fourth quarter worth approximately $28,000.

iShares MSCI EAFE Value ETF Stock Performance

Shares of BATS EFV opened at $54.17 on Tuesday. iShares MSCI EAFE Value ETF has a 52-week low of $49.15 and a 52-week high of $59.57. The firm has a market capitalization of $16.86 billion, a price-to-earnings ratio of 10.54 and a beta of 0.70. The stock has a 50 day moving average price of $53.37 and a 200 day moving average price of $51.45.

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.