Envestnet Portfolio Solutions Inc. Sells 2,459,308 Shares of iShares MSCI EAFE Value ETF $EFV

Envestnet Portfolio Solutions Inc. lessened its stake in shares of iShares MSCI EAFE Value ETF (BATS:EFV) by 58.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,783,999 shares of the company’s stock after selling 2,459,308 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.44% of iShares MSCI EAFE Value ETF worth $136,565,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in EFV. NBH Bank bought a new position in shares of iShares MSCI EAFE Value ETF in the 2nd quarter worth $25,000. Timbuktu Capital Management LLC bought a new stake in iShares MSCI EAFE Value ETF during the second quarter valued at about $28,000. First Command Advisory Services Inc. bought a new stake in iShares MSCI EAFE Value ETF during the fourth quarter valued at about $33,000. Hantz Financial Services Inc. grew its stake in iShares MSCI EAFE Value ETF by 82.8% in the fourth quarter. Hantz Financial Services Inc. now owns 499 shares of the company’s stock valued at $36,000 after purchasing an additional 226 shares during the last quarter. Finally, Curio Wealth LLC purchased a new position in iShares MSCI EAFE Value ETF in the fourth quarter valued at about $40,000.

iShares MSCI EAFE Value ETF Price Performance

iShares MSCI EAFE Value ETF stock traded down $1.28 during trading hours on Wednesday, reaching $80.12. The stock had a trading volume of 2,175,224 shares, compared to its average volume of 3,675,140. The company has a market cap of $32.85 billion, a price-to-earnings ratio of 12.17 and a beta of 0.73. The business’s 50 day moving average price is $81.18 and its 200-day moving average price is $78.24. iShares MSCI EAFE Value ETF has a 52 week low of $66.52 and a 52 week high of $83.22.

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.