Hobbs Wealth Management LLC Has $7.91 Million Stock Position in iShares MSCI EAFE Value ETF $EFV

Hobbs Wealth Management LLC decreased its position in shares of iShares MSCI EAFE Value ETF (BATS:EFV) by 28.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 116,651 shares of the company’s stock after selling 47,078 shares during the period. iShares MSCI EAFE Value ETF makes up about 6.6% of Hobbs Wealth Management LLC’s portfolio, making the stock its 6th biggest holding. Hobbs Wealth Management LLC’s holdings in iShares MSCI EAFE Value ETF were worth $7,912,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in shares of iShares MSCI EAFE Value ETF by 50.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 70,125,413 shares of the company’s stock valued at $4,451,560,000 after purchasing an additional 23,376,524 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares MSCI EAFE Value ETF by 28.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 15,814,518 shares of the company’s stock worth $1,003,906,000 after buying an additional 3,518,683 shares during the last quarter. US Bancorp DE lifted its position in shares of iShares MSCI EAFE Value ETF by 4.1% during the 2nd quarter. US Bancorp DE now owns 13,614,142 shares of the company’s stock worth $864,247,000 after buying an additional 540,216 shares during the last quarter. Bank of America Corp DE boosted its stake in iShares MSCI EAFE Value ETF by 11.5% in the second quarter. Bank of America Corp DE now owns 9,719,462 shares of the company’s stock valued at $616,991,000 after buying an additional 999,564 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in iShares MSCI EAFE Value ETF by 24.2% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 8,959,087 shares of the company’s stock valued at $568,723,000 after acquiring an additional 1,743,904 shares during the last quarter.

iShares MSCI EAFE Value ETF Trading Up 48.1%

Shares of BATS EFV opened at $77.41 on Thursday. The company has a market cap of $31.74 billion, a price-to-earnings ratio of 12.17 and a beta of 0.73. iShares MSCI EAFE Value ETF has a 12 month low of $51.05 and a 12 month high of $66.83. The stock has a 50-day moving average price of $72.39 and a two-hundred day moving average price of $69.16.

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