Absolute Capital Management LLC Has $2.73 Million Stock Position in iShares MSCI EAFE Value ETF $EFV

Absolute Capital Management LLC lifted its stake in shares of iShares MSCI EAFE Value ETF (BATS:EFV) by 51.1% during the fourth quarter, HoldingsChannel reports. The firm owned 38,163 shares of the company’s stock after acquiring an additional 12,912 shares during the quarter. Absolute Capital Management LLC’s holdings in iShares MSCI EAFE Value ETF were worth $2,725,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in EFV. BankPlus Trust Department acquired a new position in iShares MSCI EAFE Value ETF in the 4th quarter valued at $29,000. Dunhill Financial LLC grew its holdings in shares of iShares MSCI EAFE Value ETF by 242.5% during the 4th quarter. Dunhill Financial LLC now owns 459 shares of the company’s stock worth $33,000 after purchasing an additional 325 shares in the last quarter. First Command Advisory Services Inc. acquired a new stake in shares of iShares MSCI EAFE Value ETF during the 4th quarter worth $33,000. Centennial Bank AR acquired a new stake in shares of iShares MSCI EAFE Value ETF during the 3rd quarter worth $34,000. Finally, Fortitude Family Office LLC acquired a new stake in shares of iShares MSCI EAFE Value ETF during the 4th quarter worth $34,000.

iShares MSCI EAFE Value ETF Stock Up 2.6%

BATS:EFV opened at $78.57 on Friday. The stock’s 50-day simple moving average is $77.60 and its 200 day simple moving average is $75.16. The firm has a market capitalization of $32.21 billion, a PE ratio of 12.17 and a beta of 0.73. iShares MSCI EAFE Value ETF has a twelve month low of $61.29 and a twelve month high of $80.14.

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.