Bank of New York Mellon Corp Has $175.62 Million Stock Position in iShares MSCI EAFE Value ETF $EFV

Bank of New York Mellon Corp reduced its holdings in shares of iShares MSCI EAFE Value ETF (BATS:EFV) by 11.2% in the third quarter, HoldingsChannel.com reports. The fund owned 2,589,066 shares of the company’s stock after selling 325,014 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares MSCI EAFE Value ETF were worth $175,616,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Crewe Advisors LLC acquired a new position in shares of iShares MSCI EAFE Value ETF during the 2nd quarter valued at $29,000. Pandora Wealth Inc. purchased a new stake in shares of iShares MSCI EAFE Value ETF during the 2nd quarter valued at $30,000. Tripletail Wealth Management LLC purchased a new position in shares of iShares MSCI EAFE Value ETF in the 3rd quarter worth about $35,000. Rossmore Private Capital bought a new position in shares of iShares MSCI EAFE Value ETF during the 3rd quarter valued at approximately $42,000. Finally, Bangor Savings Bank increased its position in iShares MSCI EAFE Value ETF by 4,843.8% in the third quarter. Bangor Savings Bank now owns 791 shares of the company’s stock worth $54,000 after buying an additional 775 shares during the last quarter.

iShares MSCI EAFE Value ETF Stock Up 44.2%

BATS EFV opened at $75.38 on Friday. The company’s 50 day moving average is $71.95 and its 200-day moving average is $68.83. The firm has a market cap of $30.90 billion, a P/E ratio of 12.17 and a beta of 0.73. iShares MSCI EAFE Value ETF has a 12-month low of $51.05 and a 12-month high of $66.83.

About iShares MSCI EAFE Value ETF

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.