Townsend & Associates Inc Sells 59,001 Shares of iShares MSCI EAFE Value ETF $EFV

Townsend & Associates Inc lessened its holdings in shares of iShares MSCI EAFE Value ETF (BATS:EFV) by 10.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 511,855 shares of the company’s stock after selling 59,001 shares during the period. iShares MSCI EAFE Value ETF accounts for about 3.3% of Townsend & Associates Inc’s investment portfolio, making the stock its 8th biggest holding. Townsend & Associates Inc owned 0.12% of iShares MSCI EAFE Value ETF worth $34,857,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in EFV. Atwood & Palmer Inc. bought a new stake in iShares MSCI EAFE Value ETF during the 2nd quarter valued at $25,000. Crewe Advisors LLC bought a new position in shares of iShares MSCI EAFE Value ETF in the second quarter worth $29,000. Pandora Wealth Inc. acquired a new position in shares of iShares MSCI EAFE Value ETF during the second quarter valued at $30,000. Tripletail Wealth Management LLC acquired a new position in shares of iShares MSCI EAFE Value ETF during the third quarter valued at $35,000. Finally, Rice Partnership LLC bought a new stake in shares of iShares MSCI EAFE Value ETF during the second quarter valued at about $59,000.

iShares MSCI EAFE Value ETF Stock Up 38.1%

EFV stock opened at $72.16 on Friday. The company has a 50-day simple moving average of $70.16 and a 200 day simple moving average of $67.39. The company has a market capitalization of $29.58 billion, a P/E ratio of 12.17 and a beta of 0.73. iShares MSCI EAFE Value ETF has a fifty-two week low of $51.05 and a fifty-two week 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. The Fund invests in sectors, such as financials, energy, healthcare, telecommunication services, industrials, utilities, consumer discretionary, materials, information technology and consumer staples.