Sterling Capital Management LLC Sells 23,175 Shares of iShares MSCI EAFE Value ETF $EFV

Sterling Capital Management LLC reduced its stake in shares of iShares MSCI EAFE Value ETF (BATS:EFV) by 13.3% during the second quarter, Holdings Channel reports. The firm owned 151,049 shares of the company’s stock after selling 23,175 shares during the quarter. Sterling Capital Management LLC’s holdings in iShares MSCI EAFE Value ETF were worth $9,589,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of EFV. Atwood & Palmer Inc. bought a new position in iShares MSCI EAFE Value ETF in the second quarter worth about $25,000. Crewe Advisors LLC bought a new position in shares of iShares MSCI EAFE Value ETF in the 2nd quarter worth approximately $29,000. Pandora Wealth Inc. purchased a new position in shares of iShares MSCI EAFE Value ETF in the 2nd quarter valued at approximately $30,000. Bogart Wealth LLC boosted its position in shares of iShares MSCI EAFE Value ETF by 119.6% during the first quarter. Bogart Wealth LLC now owns 549 shares of the company’s stock valued at $32,000 after purchasing an additional 299 shares in the last quarter. Finally, Christopher J. Hasenberg Inc bought a new stake in shares of iShares MSCI EAFE Value ETF during the first quarter valued at approximately $43,000.

iShares MSCI EAFE Value ETF Trading Up 31.4%

EFV opened at $68.70 on Friday. The company has a market cap of $28.16 billion, a price-to-earnings ratio of 12.17 and a beta of 0.73. The stock has a fifty day simple moving average of $67.84 and a two-hundred day simple moving average of $65.09. iShares MSCI EAFE Value ETF has a 12-month low of $51.05 and a 12-month high of $66.83.

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.