Shum Financial Group Inc. Invests $9.64 Million in iShares MSCI EAFE Value ETF $EFV

Shum Financial Group Inc. bought a new stake in shares of iShares MSCI EAFE Value ETF (BATS:EFV) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 142,060 shares of the company’s stock, valued at approximately $9,636,000. iShares MSCI EAFE Value ETF accounts for about 7.2% of Shum Financial Group Inc.’s investment portfolio, making the stock its biggest position.

Several other institutional investors also recently added to or reduced their stakes in the stock. Gateway Wealth Partners LLC raised its position in 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 valued at $4,952,000 after purchasing an additional 31,811 shares in the last quarter. Tempus Wealth Planning LLC grew its position in shares of iShares MSCI EAFE Value ETF by 30.5% during the 2nd quarter. Tempus Wealth Planning LLC now owns 32,836 shares of the company’s stock worth $2,084,000 after buying an additional 7,674 shares in the last quarter. Gilbert Capital Group Inc. purchased a new position in shares of iShares MSCI EAFE Value ETF during the second quarter valued at $5,550,000. Apollon Wealth Management LLC raised its holdings in shares of iShares MSCI EAFE Value ETF by 52.9% in the third quarter. Apollon Wealth Management LLC now owns 196,067 shares of the company’s stock valued at $13,299,000 after acquiring an additional 67,824 shares in the last quarter. Finally, AE Wealth Management LLC lifted its stake in iShares MSCI EAFE Value ETF by 1.5% in the second quarter. AE Wealth Management LLC now owns 1,073,175 shares of the company’s stock worth $68,125,000 after acquiring an additional 15,863 shares during the period.

iShares MSCI EAFE Value ETF Stock Performance

BATS EFV opened at $71.70 on Wednesday. iShares MSCI EAFE Value ETF has a one year low of $51.05 and a one year high of $66.83. The company has a market capitalization of $29.40 billion, a price-to-earnings ratio of 12.17 and a beta of 0.73. The company’s 50-day simple moving average is $69.96 and its two-hundred day simple moving average is $67.27.

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.