Founders Financial Securities LLC Raises Stake in iShares MSCI EAFE Value ETF $EFV

Founders Financial Securities LLC lifted its position in shares of iShares MSCI EAFE Value ETF (BATS:EFV) by 164.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 16,343 shares of the company’s stock after buying an additional 10,155 shares during the quarter. Founders Financial Securities LLC’s holdings in iShares MSCI EAFE Value ETF were worth $1,167,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. US Bancorp DE grew its holdings in shares of iShares MSCI EAFE Value ETF by 1.5% during the fourth quarter. US Bancorp DE now owns 14,206,660 shares of the company’s stock worth $1,014,522,000 after buying an additional 210,510 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of iShares MSCI EAFE Value ETF by 8.9% during the third quarter. Bank of America Corp DE now owns 10,581,287 shares of the company’s stock worth $717,729,000 after buying an additional 861,825 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of iShares MSCI EAFE Value ETF by 18.0% during the third quarter. Ameriprise Financial Inc. now owns 6,214,149 shares of the company’s stock worth $421,502,000 after buying an additional 948,091 shares in the last quarter. MML Investors Services LLC grew its holdings in shares of iShares MSCI EAFE Value ETF by 68.6% during the second quarter. MML Investors Services LLC now owns 5,691,240 shares of the company’s stock worth $361,280,000 after buying an additional 2,316,220 shares in the last quarter. Finally, Alliancebernstein L.P. grew its holdings in shares of iShares MSCI EAFE Value ETF by 0.6% during the second quarter. Alliancebernstein L.P. now owns 5,094,815 shares of the company’s stock worth $323,419,000 after buying an additional 31,570 shares in the last quarter.

iShares MSCI EAFE Value ETF Stock Performance

EFV opened at $78.26 on Tuesday. The company’s 50 day simple moving average is $76.79 and its 200 day simple moving average is $74.68. iShares MSCI EAFE Value ETF has a 1 year low of $61.29 and a 1 year high of $80.14. The stock has a market capitalization of $32.09 billion, a PE ratio of 12.17 and a beta of 0.73.

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.