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

Farmers & Merchants Investments Inc. has reduced its stake in the iShares MSCI EAFE Value ETF (BATS:EFV) by 10.6% during the third quarter, as indicated in their latest 13F filing with the Securities and Exchange Commission. Following the sale of 261 shares, the firm now holds 2,212 shares, which accounted for a value of approximately $127,000 at the end of the reporting period.

Other hedge funds have also adjusted their stakes in the iShares MSCI EAFE Value ETF. For instance, Dynamic Advisor Solutions LLC increased its holdings by 1.6% during the third quarter, now owning 11,691 shares valued at $673,000 after purchasing an additional 179 shares. Likewise, Asset Dedication LLC raised its position by 1.5%, owning 13,465 shares valued at $775,000 after acquiring 199 more shares. Signaturefd LLC significantly boosted its holdings by 36.2% in the previous quarter, bringing its total to 757 shares valued at $40,000 after acquiring 201 shares. Additionally, Noble Family Wealth LLC increased its stake by 0.3%, now holding 63,084 shares worth $3,346,000 after purchasing 205 additional shares.

Whittier Trust Co. of Nevada Inc. also raised its stake by 2.2% in the third quarter, owning 10,153 shares valued at $584,000 after acquiring an extra 215 shares.

Current Trading Performance of iShares MSCI EAFE Value ETF

As of Thursday, shares of BATS EFV opened at $55.19. The ETF holds a market capitalization of $17.18 billion, a price-to-earnings (PE) ratio of 10.89, and a beta of 0.70. The stock has a fifty-day moving average of $56.43 and a 200-day moving average of $55.06. The iShares MSCI EAFE Value ETF recorded a twelve-month low of $49.15 and a twelve-month high of $59.57.

About iShares MSCI EAFE Value ETF

The iShares MSCI EAFE Value ETF, previously known as the iShares MSCI EAFE Value Index Fund, is an exchange-traded fund (ETF) that aims to provide investment results that correspond closely to the performance of the MSCI EAFE Value Index. This index is a subset of the MSCI EAFE Index and consists of securities from Europe, Australasia (including countries such as Australia and parts of Asia), and the Far East.

stocks, investments, ETF