Freedom Investment Management Inc. Buys New Stake in iShares MSCI EAFE Value ETF (BATS:EFV)

Freedom Investment Management Inc. purchased a new position in shares of iShares MSCI EAFE Value ETF (BATS:EFV) in the third quarter, Holdings Channel.com reports. The firm purchased 6,882 shares of the company’s stock, valued at approximately $396,000.

Several other institutional investors and hedge funds have also made changes to their positions in EFV. LPL Financial LLC lifted its stake in iShares MSCI EAFE Value ETF by 91.4% during the third quarter. LPL Financial LLC now owns 12,773,389 shares of the company’s stock worth $734,853,000 after purchasing an additional 6,101,266 shares during the last quarter. CWM LLC grew its position in shares of iShares MSCI EAFE Value ETF by 103.4% in the 3rd quarter. CWM LLC now owns 6,177,993 shares of the company’s stock valued at $355,420,000 after buying an additional 3,140,696 shares during the last quarter. Park Avenue Securities LLC raised its stake in iShares MSCI EAFE Value ETF by 101.1% during the 3rd quarter. Park Avenue Securities LLC now owns 5,710,211 shares of the company’s stock worth $328,508,000 after acquiring an additional 2,870,711 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in iShares MSCI EAFE Value ETF by 135.5% in the third quarter. Janney Montgomery Scott LLC now owns 2,937,385 shares of the company’s stock valued at $168,988,000 after acquiring an additional 1,689,921 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in iShares MSCI EAFE Value ETF in the second quarter valued at $74,954,000.

iShares MSCI EAFE Value ETF Stock Performance

Shares of EFV stock opened at $54.75 on Friday. The stock’s 50-day moving average is $55.57 and its two-hundred day moving average is $55.12. iShares MSCI EAFE Value ETF has a 1 year low of $49.15 and a 1 year high of $59.57. The firm has a market cap of $17.04 billion, a price-to-earnings ratio of 10.89 and a beta of 0.70.

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.