First Citizens Asset Management Inc. Invests $558,000 in iShares MSCI EAFE Value ETF $EFV

First Citizens Asset Management Inc. acquired a new stake in shares of iShares MSCI EAFE Value ETF (BATS:EFV) during the third quarter, Holdings Channel reports. The institutional investor acquired 8,231 shares of the company’s stock, valued at approximately $558,000. iShares MSCI EAFE Value ETF makes up about 0.2% of First Citizens Asset Management Inc.’s holdings, making the stock its 17th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Crewe Advisors LLC purchased a new stake in iShares MSCI EAFE Value ETF during the 2nd quarter valued at about $29,000. Pandora Wealth Inc. acquired a new stake in shares of iShares MSCI EAFE Value ETF during the second quarter worth about $30,000. Guerra Advisors Inc purchased a new stake in iShares MSCI EAFE Value ETF in the third quarter valued at approximately $32,000. Tripletail Wealth Management LLC purchased a new stake in iShares MSCI EAFE Value ETF in the third quarter valued at approximately $35,000. Finally, Atlantic Union Bankshares Corp increased its holdings in iShares MSCI EAFE Value ETF by 257.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 551 shares of the company’s stock worth $37,000 after buying an additional 397 shares during the period.

iShares MSCI EAFE Value ETF Trading Up 45.3%

Shares of BATS EFV opened at $75.95 on Tuesday. iShares MSCI EAFE Value ETF has a 12 month low of $51.05 and a 12 month high of $66.83. The company has a 50 day simple moving average of $72.10 and a two-hundred day simple moving average of $69.00. The stock has a market cap of $31.14 billion, a price-to-earnings ratio of 12.17 and a beta of 0.73.

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. The Fund invests in sectors, such as financials, energy, healthcare, telecommunication services, industrials, utilities, consumer discretionary, materials, information technology and consumer staples.