Checchi Capital Advisers LLC Cuts Stake in iShares MSCI EAFE Value ETF $EFV

Checchi Capital Advisers LLC reduced its position in iShares MSCI EAFE Value ETF (BATS:EFV) by 11.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 239,807 shares of the company’s stock after selling 32,149 shares during the quarter. iShares MSCI EAFE Value ETF accounts for approximately 0.9% of Checchi Capital Advisers LLC’s investment portfolio, making the stock its 19th largest holding. Checchi Capital Advisers LLC owned approximately 0.06% of iShares MSCI EAFE Value ETF worth $17,830,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of EFV. Calamos Advisors LLC acquired a new stake in shares of iShares MSCI EAFE Value ETF in the first quarter worth $338,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in iShares MSCI EAFE Value ETF by 4.2% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,009,214 shares of the company’s stock valued at $149,385,000 after purchasing an additional 80,474 shares during the period. Bryn Mawr Trust Advisors LLC lifted its position in iShares MSCI EAFE Value ETF by 6.4% during the first quarter. Bryn Mawr Trust Advisors LLC now owns 9,455 shares of the company’s stock valued at $703,000 after purchasing an additional 570 shares during the period. Northland Securities Inc. boosted its holdings in iShares MSCI EAFE Value ETF by 7.4% in the first quarter. Northland Securities Inc. now owns 13,367 shares of the company’s stock valued at $994,000 after purchasing an additional 919 shares during the last quarter. Finally, NWF Advisory Services Inc. purchased a new stake in iShares MSCI EAFE Value ETF in the first quarter valued at $420,000.

iShares MSCI EAFE Value ETF Stock Performance

Shares of EFV opened at $78.49 on Wednesday. The business’s 50-day moving average is $77.75 and its two-hundred day moving average is $76.22. The company has a market capitalization of $32.18 billion, a P/E ratio of 12.17 and a beta of 0.73. iShares MSCI EAFE Value ETF has a fifty-two week low of $62.69 and a fifty-two week 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.