iShares MSCI EAFE Value ETF (BATS:EFV) Hits New 12-Month High – Here’s Why

iShares MSCI EAFE Value ETF (BATS:EFV)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $81.38 and last traded at $81.34, with a volume of 3815333 shares traded. The stock had previously closed at $81.09.

iShares MSCI EAFE Value ETF Stock Performance

The firm’s 50 day moving average price is $78.07 and its two-hundred day moving average price is $76.94. The company has a market cap of $33.40 billion, a P/E ratio of 12.17 and a beta of 0.73.

Hedge Funds Weigh In On iShares MSCI EAFE Value ETF

Several institutional investors have recently made changes to their positions in the stock. Nations Financial Group Inc. IA ADV lifted its position in iShares MSCI EAFE Value ETF by 2.5% in the first quarter. Nations Financial Group Inc. IA ADV now owns 5,364 shares of the company’s stock valued at $399,000 after acquiring an additional 131 shares during the last quarter. Halbert Hargrove Global Advisors LLC raised its holdings in iShares MSCI EAFE Value ETF by 21.2% during the first quarter. Halbert Hargrove Global Advisors LLC now owns 750 shares of the company’s stock worth $56,000 after purchasing an additional 131 shares in the last quarter. Novus Advisors LLC lifted its holdings in iShares MSCI EAFE Value ETF by 2.1% in the fourth quarter. Novus Advisors LLC now owns 6,948 shares of the company’s stock valued at $496,000 after acquiring an additional 144 shares during the period. Arlington Trust Co LLC lifted its position in shares of iShares MSCI EAFE Value ETF by 3.5% during the 2nd quarter. Arlington Trust Co LLC now owns 4,258 shares of the company’s stock valued at $326,000 after acquiring an additional 144 shares during the period. Finally, Parallel Advisors LLC raised its stake in shares of iShares MSCI EAFE Value ETF by 4.0% during the 3rd quarter. Parallel Advisors LLC now owns 4,239 shares of the company’s stock worth $288,000 after buying an additional 164 shares during the last quarter.

iShares MSCI EAFE Value ETF Company 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.