LPL Financial LLC Has $1.40 Billion Stake in iShares MSCI EAFE Value ETF $EFV

LPL Financial LLC reduced its stake in iShares MSCI EAFE Value ETF (BATS:EFV) by 5.8% in the 4th quarter, Holdings Channel reports. The firm owned 19,536,098 shares of the company’s stock after selling 1,195,299 shares during the period. LPL Financial LLC’s holdings in iShares MSCI EAFE Value ETF were worth $1,395,073,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EFV. Captrust Financial Advisors increased its position in iShares MSCI EAFE Value ETF by 13.0% in the 3rd quarter. Captrust Financial Advisors now owns 583,340 shares of the company’s stock worth $39,568,000 after buying an additional 67,197 shares during the period. Central Pacific Bank Trust Division bought a new stake in shares of iShares MSCI EAFE Value ETF during the fourth quarter valued at approximately $939,000. Chilton Investment Co. Inc. bought a new stake in shares of iShares MSCI EAFE Value ETF during the third quarter valued at approximately $807,000. Affinity Capital Advisors LLC increased its position in shares of iShares MSCI EAFE Value ETF by 5.5% during the fourth quarter. Affinity Capital Advisors LLC now owns 415,147 shares of the company’s stock valued at $29,646,000 after purchasing an additional 21,528 shares during the period. Finally, Asempa Wealth Advisors bought a new stake in shares of iShares MSCI EAFE Value ETF during the fourth quarter valued at approximately $2,363,000.

iShares MSCI EAFE Value ETF Stock Performance

EFV opened at $76.90 on Monday. The stock has a market cap of $31.53 billion, a PE ratio of 12.17 and a beta of 0.73. iShares MSCI EAFE Value ETF has a 1 year low of $61.29 and a 1 year high of $80.14. The stock’s 50 day simple moving average is $77.23 and its 200-day simple moving average is $74.90.

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