Sagespring Wealth Partners LLC Lowers Stock Position in iShares MSCI EAFE Value ETF $EFV

Sagespring Wealth Partners LLC trimmed its position in shares of iShares MSCI EAFE Value ETF (BATS:EFV) by 29.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 961,964 shares of the company’s stock after selling 409,508 shares during the period. iShares MSCI EAFE Value ETF makes up approximately 0.6% of Sagespring Wealth Partners LLC’s holdings, making the stock its 25th biggest holding. Sagespring Wealth Partners LLC’s holdings in iShares MSCI EAFE Value ETF were worth $68,694,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Gateway Wealth Partners LLC grew its holdings in shares of iShares MSCI EAFE Value ETF by 68.9% during the 2nd quarter. Gateway Wealth Partners LLC now owns 78,011 shares of the company’s stock worth $4,952,000 after purchasing an additional 31,811 shares during the period. Captrust Financial Advisors raised its holdings in iShares MSCI EAFE Value ETF by 13.0% in the third quarter. Captrust Financial Advisors now owns 583,340 shares of the company’s stock valued at $39,568,000 after buying an additional 67,197 shares during the period. First Horizon Corp acquired a new position in iShares MSCI EAFE Value ETF during the third quarter valued at approximately $1,662,000. Fortis Capital Advisors LLC lifted its position in iShares MSCI EAFE Value ETF by 32.6% during the third quarter. Fortis Capital Advisors LLC now owns 40,205 shares of the company’s stock valued at $2,727,000 after buying an additional 9,890 shares in the last quarter. Finally, Gilbert Capital Group Inc. purchased a new stake in iShares MSCI EAFE Value ETF during the second quarter worth approximately $5,550,000.

iShares MSCI EAFE Value ETF Stock Down 2.8%

EFV opened at $71.23 on Friday. iShares MSCI EAFE Value ETF has a 52-week low of $51.87 and a 52-week high of $80.14. The company has a 50 day moving average of $75.87 and a two-hundred day moving average of $71.55. The company has a market cap of $29.20 billion, a P/E ratio of 12.17 and a beta of 0.73.

iShares MSCI EAFE Value ETF Company 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.