Arax Advisory Partners Invests $12.40 Million in iShares MSCI EAFE Value ETF $EFV

Arax Advisory Partners bought a new position in iShares MSCI EAFE Value ETF (BATS:EFV) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 173,705 shares of the company’s stock, valued at approximately $12,404,000.

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

iShares MSCI EAFE Value ETF Trading Up 0.5%

EFV stock opened at $78.95 on Friday. The stock has a market capitalization of $32.37 billion, a P/E ratio of 12.17 and a beta of 0.73. iShares MSCI EAFE Value ETF has a 12 month low of $61.29 and a 12 month high of $80.14. The firm has a 50-day moving average price of $77.67 and a 200-day moving average price of $75.18.

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.