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

Farmers & Merchants Investments Inc. has recently reduced its stake in the iShares MSCI EAFE Value ETF (BATS:EFV) by 10.6% during the third quarter.

This information comes from the firm’s latest 13F filing with the Securities and Exchange Commission. After selling 261 shares during this quarter, Farmers & Merchants Investments now holds a total of 2,212 shares in the ETF.

The value of these holdings reached approximately $127,000 at the close of the last reporting period, reflecting the firm's strategy to adjust its investments.

Other investment firms have also made adjustments to their positions in the iShares MSCI EAFE Value ETF. Dynamic Advisor Solutions LLC increased its stake by 1.6%, bringing its total to 11,691 shares valued at $673,000 after acquiring an additional 179 shares.

Asset Dedication LLC also modified its holdings, increasing its position by 1.5% with 13,465 shares valued at $775,000, following an acquisition of 199 shares during the last quarter.

Signaturefd LLC made a significant increase of 36.2% in the second quarter, now holding 757 shares worth $40,000 after buying 201 shares.

Noble Family Wealth LLC saw a slight rise of 0.3% in its holdings as well, with a total of 63,084 shares valued at roughly $3,346,000 after purchasing an additional 205 shares.

Furthermore, Whittier Trust Co. of Nevada Inc. increased its stake in the fund by 2.2%, now owning 10,153 shares worth $584,000 after acquiring 215 shares in the recent quarter.

Current Stock Performance

On Thursday, shares of the iShares MSCI EAFE Value ETF opened at $55.19. The ETF currently has a market capitalization of $17.18 billion and a price-to-earnings (PE) ratio of 10.89, indicating a relatively stable valuation.

The stock has shown a beta of 0.70, suggesting lower volatility compared to the market. Over the past fifty days, the simple moving average is at $56.43, while the 200-day average stands at $55.06.

In terms of its trading range, the ETF has recorded a twelve-month low of $49.15 and a high of $59.57, showcasing some level of fluctuation in its value.

Understanding the iShares MSCI EAFE Value ETF

The iShares MSCI EAFE Value ETF, which was previously known as the iShares MSCI EAFE Value Index Fund, operates as an exchange-traded fund (ETF). Its primary goal is to deliver investment results that align with the price and yield performance of the MSCI EAFE Value Index before fees and expenses are deducted.

This index comprises securities from various regions including Europe, Australasia (Australia and Asia), and the Far East, focusing on value stocks within those markets.

Further Reading

• Five stocks we like better than iShares MSCI EAFE Value ETF
• What is Short Interest? How to Use It
• Boeing: Why Analysts Think Now’s The Time To Be Brave
• About the Markup Calculator
• Advanced Micro Devices is Building Momentum with AI: Buy the Dip
• What is Put Option Volume?
• Can Evolv Stock Recover From Its Massive Self-Inflicted Drop?

Receive news and ratings for iShares MSCI EAFE Value ETF daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI EAFE Value ETF and related companies.

stocks, investment, ETF