Thu Sep 26 13:26:08 UTC 2024: ## HSBC Boosts Stake in iShares MSCI EAFE Value ETF

**New York, NY -** HSBC Holdings PLC significantly increased its investment in the iShares MSCI EAFE Value ETF (BATS:EFV) during the second quarter of 2024. The firm’s holdings in the ETF now stand at 53,346 shares, representing a 90.9% increase from the previous quarter. The value of HSBC’s holdings in EFV is currently estimated at $2,829,000.

This move comes alongside similar investment decisions by other major players in the market. Jones Financial Companies Lllp also increased its stake in the ETF, while US Bancorp DE expanded its holdings by 2.2%. Jane Street Group LLC entered a new position in the ETF worth approximately $538,948,000, while Baird Financial Group Inc. and Cetera Investment Advisers also boosted their respective stakes.

EFV stock opened at $57.07 on Thursday, with a 52-week low of $49.15 and a 52-week high of $59.57. The ETF has a market capitalization of $17.76 billion and a price-to-earnings ratio of 10.89.

The iShares MSCI EAFE Value ETF is designed to provide investment results that align with the MSCI EAFE Value Index. The index includes securities from Europe, Australasia, and the Far East, focusing on companies with a value-oriented investment approach.

Investors interested in tracking the holdings and trading activities of hedge funds in EFV can visit HoldingsChannel.com for the latest 13F filings and insider trades. MarketBeat.com also offers a free daily email newsletter providing news and analyst ratings for EFV and related companies.

Read More