Theory Financial LLC Sells 16,756 Shares of iShares MSCI EAFE Value ETF $EFV

Theory Financial LLC reduced its position in shares of iShares MSCI EAFE Value ETF (BATS:EFV) by 22.2% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 58,677 shares of the company’s stock after selling 16,756 shares during the quarter. iShares MSCI EAFE Value ETF accounts for approximately 1.4% of Theory Financial LLC’s holdings, making the stock its 23rd biggest position. Theory Financial LLC’s holdings in iShares MSCI EAFE Value ETF were worth $4,021,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in iShares MSCI EAFE Value ETF by 50.0% during the second quarter. Envestnet Asset Management Inc. now owns 70,125,413 shares of the company’s stock valued at $4,451,560,000 after buying an additional 23,376,524 shares during the last quarter. JPMorgan Chase & Co. boosted its stake 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 acquiring an additional 3,518,683 shares during the last quarter. Auto Owners Insurance Co grew its position in shares of iShares MSCI EAFE Value ETF by 296.7% during the 2nd quarter. Auto Owners Insurance Co now owns 3,963,000 shares of the company’s stock valued at $251,571,000 after acquiring an additional 2,964,000 shares during the period. MML Investors Services LLC increased its stake in shares of iShares MSCI EAFE Value ETF by 68.6% in the 2nd quarter. MML Investors Services LLC now owns 5,691,240 shares of the company’s stock worth $361,280,000 after purchasing an additional 2,316,220 shares in the last quarter. Finally, Park Avenue Securities LLC raised its holdings in iShares MSCI EAFE Value ETF by 43.6% in the 2nd quarter. Park Avenue Securities LLC now owns 7,223,191 shares of the company’s stock worth $458,528,000 after purchasing an additional 2,194,643 shares during the period.

iShares MSCI EAFE Value ETF Stock Performance

BATS:EFV opened at $73.45 on Friday. The stock has a 50-day simple moving average of $70.97 and a two-hundred day simple moving average of $68.13. The firm has a market capitalization of $30.11 billion, a PE ratio of 12.17 and a beta of 0.73. iShares MSCI EAFE Value ETF has a 52-week low of $51.05 and a 52-week high of $66.83.

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