Kovack Advisors Inc. Sells 3,863 Shares of iShares MSCI EAFE Value ETF (BATS:EFV)

Kovack Advisors Inc. lessened its stake in iShares MSCI EAFE Value ETF (BATS:EFV) by 45.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,709 shares of the company’s stock after selling 3,863 shares during the period. Kovack Advisors Inc.’s holdings in iShares MSCI EAFE Value ETF were worth $245,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Sheets Smith Wealth Management bought a new stake in iShares MSCI EAFE Value ETF in the third quarter valued at approximately $25,000. Signaturefd LLC raised its holdings in iShares MSCI EAFE Value ETF by 172.8% during the 3rd quarter. Signaturefd LLC now owns 502 shares of the company’s stock valued at $25,000 after buying an additional 318 shares during the last quarter. GAMMA Investing LLC bought a new stake in iShares MSCI EAFE Value ETF during the 4th quarter valued at $26,000. Tompkins Financial Corp boosted its position in iShares MSCI EAFE Value ETF by 59.8% during the 4th quarter. Tompkins Financial Corp now owns 524 shares of the company’s stock valued at $27,000 after buying an additional 196 shares during the period. Finally, Phillips Financial Management LLC bought a new stake in iShares MSCI EAFE Value ETF in the 4th quarter worth $28,000.

iShares MSCI EAFE Value ETF Trading Up 0.7 %

EFV stock opened at $54.17 on Tuesday. The stock has a market capitalization of $16.86 billion, a price-to-earnings ratio of 10.54 and a beta of 0.70. The firm’s 50-day moving average price is $53.37 and its two-hundred day moving average price is $51.45. iShares MSCI EAFE Value ETF has a 12-month low of $49.15 and a 12-month high of $59.57.

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.