ETFs

Farmers & Merchants Investments Inc. Cuts Stake in iShares MSCI EAFE Value ETF

Published October 31, 2024

Farmers & Merchants Investments Inc. has reduced its holdings in the iShares MSCI EAFE Value ETF (BATS:EFV) by 10.6% during the third quarter, according to the latest 13F filing with the Securities and Exchange Commission. After selling 261 shares in this period, the firm now possesses 2,212 shares of the fund, equating to a value of approximately $127,000 at the end of the most recent reporting period.

Other investment firms have also adjusted their positions in the iShares MSCI EAFE Value ETF. Dynamic Advisor Solutions LLC increased its stake by 1.6%, acquiring 11,691 shares, which are now valued at $673,000 following the purchase of an additional 179 shares. Similarly, Asset Dedication LLC raised its holdings by 1.5%, owning 13,465 shares valued at $775,000 after purchasing an extra 199 shares in the last quarter.

Moreover, Signaturefd LLC experienced a significant boost of 36.2% in the second quarter, now holding 757 shares worth $40,000 after buying an additional 201 shares. Meanwhile, Noble Family Wealth LLC has increased its stake slightly by 0.3%, owning a total of 63,084 shares valued at $3,346,000 after another 205 shares were added. Whittier Trust Co. of Nevada Inc. also raised its investment by 2.2% in the third quarter and now holds 10,153 shares worth $584,000 after acquiring another 215 shares.

Performance of iShares MSCI EAFE Value ETF

On Thursday, shares of BATS:EFV opened at $55.19. The ETF boasts a market capitalization of $17.18 billion, a price-to-earnings ratio of 10.89, and a beta of 0.70. It has a 50-day simple moving average of $56.43 and a 200-day simple moving average of $55.06. Over the past twelve months, the ETF reached a low of $49.15 and a high of $59.57.

Overview of iShares MSCI EAFE Value ETF

The iShares MSCI EAFE Value ETF, originally known as the iShares MSCI EAFE Value Index Fund, is an exchange-traded fund aimed at providing investment results that match the price and yield performance of the MSCI EAFE Value Index, before fees and expenses. This Index includes stocks from Europe, Australasia, and the Far East.

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Farmers, Investments, ETF