Independent Financial Group LLC Invests $7.53 Million in iShares MSCI EAFE Value ETF $EFV

Independent Financial Group LLC bought a new position in shares of iShares MSCI EAFE Value ETF (BATS:EFV) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 101,267 shares of the company’s stock, valued at approximately $7,529,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EFV. Prosperity Consulting Group LLC boosted its stake in iShares MSCI EAFE Value ETF by 2.0% in the 1st quarter. Prosperity Consulting Group LLC now owns 579,503 shares of the company’s stock worth $43,086,000 after purchasing an additional 11,139 shares during the period. D.A. Davidson & CO. raised its position in shares of iShares MSCI EAFE Value ETF by 352.5% during the first quarter. D.A. Davidson & CO. now owns 60,013 shares of the company’s stock valued at $4,462,000 after buying an additional 46,749 shares during the last quarter. Marks Group Wealth Management Inc raised its position in shares of iShares MSCI EAFE Value ETF by 27.8% during the first quarter. Marks Group Wealth Management Inc now owns 446,464 shares of the company’s stock valued at $33,195,000 after buying an additional 97,024 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of iShares MSCI EAFE Value ETF by 3.7% during the first quarter. Bank of New York Mellon Corp now owns 2,481,489 shares of the company’s stock valued at $184,499,000 after buying an additional 87,482 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of iShares MSCI EAFE Value ETF by 1.1% in the first quarter. Geneos Wealth Management Inc. now owns 76,171 shares of the company’s stock worth $5,663,000 after buying an additional 862 shares in the last quarter.

iShares MSCI EAFE Value ETF Stock Performance

EFV stock opened at $78.63 on Friday. The company’s fifty day moving average price is $77.78 and its 200-day moving average price is $76.32. iShares MSCI EAFE Value ETF has a one year low of $62.82 and a one year high of $80.14. The company has a market capitalization of $32.24 billion, a PE ratio of 12.17 and a beta of 0.73.

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. The Fund invests in sectors, such as financials, energy, healthcare, telecommunication services, industrials, utilities, consumer discretionary, materials, information technology and consumer staples.