Shum Financial Group Inc. Acquires New Holdings in iShares MSCI EAFE Value ETF $EFV

Shum Financial Group Inc. bought a new position in iShares MSCI EAFE Value ETF (BATS:EFV) in the third quarter, Holdings Channel.com reports. The institutional investor bought 142,060 shares of the company’s stock, valued at approximately $9,636,000. iShares MSCI EAFE Value ETF accounts for approximately 7.2% of Shum Financial Group Inc.’s portfolio, making the stock its largest holding.

A number of other institutional investors have also modified their holdings of the company. Tritonpoint Wealth LLC grew its stake in shares of iShares MSCI EAFE Value ETF by 2.8% during the second quarter. Tritonpoint Wealth LLC now owns 5,965 shares of the company’s stock worth $379,000 after acquiring an additional 162 shares during the last quarter. Claris Advisors LLC MO boosted its stake in iShares MSCI EAFE Value ETF by 2.2% in the 2nd quarter. Claris Advisors LLC MO now owns 7,766 shares of the company’s stock worth $493,000 after purchasing an additional 166 shares in the last quarter. Red Tortoise LLC grew its position in iShares MSCI EAFE Value ETF by 2.2% during the 2nd quarter. Red Tortoise LLC now owns 7,966 shares of the company’s stock worth $506,000 after purchasing an additional 171 shares during the last quarter. Cooper Financial Group increased its stake in iShares MSCI EAFE Value ETF by 1.0% during the 3rd quarter. Cooper Financial Group now owns 19,321 shares of the company’s stock valued at $1,311,000 after purchasing an additional 182 shares in the last quarter. Finally, Lauterbach Financial Advisors LLC raised its holdings in shares of iShares MSCI EAFE Value ETF by 2.5% in the second quarter. Lauterbach Financial Advisors LLC now owns 7,865 shares of the company’s stock worth $499,000 after buying an additional 193 shares during the last quarter.

iShares MSCI EAFE Value ETF Trading Up 37.2%

BATS:EFV opened at $71.70 on Wednesday. The company has a market capitalization of $29.40 billion, a P/E ratio of 12.17 and a beta of 0.73. iShares MSCI EAFE Value ETF has a 12 month low of $51.05 and a 12 month high of $66.83. The firm has a fifty day simple moving average of $69.96 and a 200-day simple moving average of $67.27.

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.