Merit Financial Group LLC Buys 646,795 Shares of iShares MSCI EAFE Value ETF $EFV

Merit Financial Group LLC boosted its position in iShares MSCI EAFE Value ETF (BATS:EFV) by 60.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,710,720 shares of the company’s stock after purchasing an additional 646,795 shares during the period. iShares MSCI EAFE Value ETF comprises approximately 1.2% of Merit Financial Group LLC’s portfolio, making the stock its 18th biggest holding. Merit Financial Group LLC owned 0.42% of iShares MSCI EAFE Value ETF worth $108,597,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of EFV. Signature Resources Capital Management LLC grew its stake in shares of iShares MSCI EAFE Value ETF by 312.7% during the 1st quarter. Signature Resources Capital Management LLC now owns 421 shares of the company’s stock worth $25,000 after acquiring an additional 319 shares during the period. Atwood & Palmer Inc. purchased a new stake in iShares MSCI EAFE Value ETF during the second quarter valued at about $25,000. IMG Wealth Management Inc. bought a new position in iShares MSCI EAFE Value ETF during the first quarter worth about $27,000. Trust Co. of Vermont increased its stake in shares of iShares MSCI EAFE Value ETF by 59.7% in the first quarter. Trust Co. of Vermont now owns 479 shares of the company’s stock worth $28,000 after purchasing an additional 179 shares in the last quarter. Finally, Breakwater Investment Management purchased a new position in shares of iShares MSCI EAFE Value ETF in the first quarter worth about $31,000.

iShares MSCI EAFE Value ETF Trading Up 31.4%

Shares of EFV stock opened at $68.68 on Friday. The firm’s 50 day moving average is $66.75 and its 200 day moving average is $63.26. The stock has a market capitalization of $28.16 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 $51.05 and a 12 month high of $66.83.

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.