Novus Advisors LLC Makes New Investment in iShares MSCI EAFE Value ETF (BATS:EFV)

Novus Advisors LLC purchased a new stake in shares of iShares MSCI EAFE Value ETF (BATS:EFV) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 6,969 shares of the company’s stock, valued at approximately $366,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC increased its position in shares of iShares MSCI EAFE Value ETF by 91.4% during the third quarter. LPL Financial LLC now owns 12,773,389 shares of the company’s stock valued at $734,853,000 after acquiring an additional 6,101,266 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares MSCI EAFE Value ETF by 44.8% in the third quarter. JPMorgan Chase & Co. now owns 13,232,972 shares of the company’s stock valued at $761,293,000 after purchasing an additional 4,091,747 shares during the period. MML Investors Services LLC lifted its stake in iShares MSCI EAFE Value ETF by 115.0% during the third quarter. MML Investors Services LLC now owns 3,396,292 shares of the company’s stock worth $195,389,000 after purchasing an additional 1,816,371 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of iShares MSCI EAFE Value ETF during the fourth quarter worth $94,333,000. Finally, Dynasty Wealth Management LLC acquired a new stake in shares of iShares MSCI EAFE Value ETF in the fourth quarter valued at $68,860,000.

iShares MSCI EAFE Value ETF Trading Up 13.2 %

EFV opened at $59.16 on Friday. The stock’s 50-day moving average price is $55.04 and its 200 day moving average price is $55.27. iShares MSCI EAFE Value ETF has a 12-month low of $51.05 and a 12-month high of $59.73. The firm has a market cap of $21.72 billion, a price-to-earnings ratio of 12.82 and a beta of 0.82.

iShares MSCI EAFE Value ETF Company 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.