Brave Asset Management Inc. Has $26.58 Million Stock Holdings in iShares MSCI EAFE Value ETF (BATS:EFV)

Brave Asset Management Inc. raised its stake in iShares MSCI EAFE Value ETF (BATS:EFV) by 4.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 462,001 shares of the company’s stock after purchasing an additional 19,287 shares during the quarter. iShares MSCI EAFE Value ETF accounts for about 6.5% of Brave Asset Management Inc.’s portfolio, making the stock its 3rd largest position. Brave Asset Management Inc.’s holdings in iShares MSCI EAFE Value ETF were worth $26,579,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Beacon Financial Group bought a new stake in iShares MSCI EAFE Value ETF in the 4th quarter worth approximately $529,000. Centaurus Financial Inc. boosted its stake in shares of iShares MSCI EAFE Value ETF by 1.4% in the 4th quarter. Centaurus Financial Inc. now owns 17,827 shares of the company’s stock valued at $929,000 after purchasing an additional 248 shares in the last quarter. EP Wealth Advisors LLC grew its holdings in shares of iShares MSCI EAFE Value ETF by 76.5% during the 4th quarter. EP Wealth Advisors LLC now owns 34,148 shares of the company’s stock valued at $1,779,000 after purchasing an additional 14,800 shares during the last quarter. Goldman Sachs Group Inc. raised its position in iShares MSCI EAFE Value ETF by 9.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 627,093 shares of the company’s stock worth $32,672,000 after purchasing an additional 52,842 shares during the period. Finally, Twin Focus Capital Partners LLC bought a new stake in iShares MSCI EAFE Value ETF in the fourth quarter worth $233,000.

iShares MSCI EAFE Value ETF Stock Up 0.3 %

BATS EFV opened at $56.60 on Friday. The firm has a market cap of $17.61 billion, a price-to-earnings ratio of 10.89 and a beta of 0.70. The company has a 50-day simple moving average of $55.88 and a two-hundred day simple moving average of $54.91. 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.