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

iShares MSCI EAFE Value ETF (BATS:EFV) shares reached a new 52-week high during trading on Thursday . The company traded as high as $82.97 and last traded at $82.8570, with a volume of 78866 shares trading hands. The stock had previously closed at $82.07.

iShares MSCI EAFE Value ETF Price Performance

The company has a 50 day simple moving average of $79.92 and a 200-day simple moving average of $77.91. The stock has a market cap of $33.98 billion, a P/E ratio of 12.17 and a beta of 0.73.

Institutional Trading of iShares MSCI EAFE Value ETF

Hedge funds have recently bought and sold shares of the company. Bank of America Corp DE raised its position in iShares MSCI EAFE Value ETF by 7.7% in the 1st quarter. Bank of America Corp DE now owns 10,342,735 shares of the company’s stock worth $768,982,000 after purchasing an additional 736,906 shares during the period. D.A. Davidson & CO. boosted its position in iShares MSCI EAFE Value ETF by 352.5% during the first quarter. D.A. Davidson & CO. now owns 60,013 shares of the company’s stock valued at $4,462,000 after buying an additional 46,749 shares during the period. Principal Securities Inc. boosted its position in iShares MSCI EAFE Value ETF by 24.1% during the fourth quarter. Principal Securities Inc. now owns 147,933 shares of the company’s stock valued at $10,564,000 after buying an additional 28,722 shares during the period. Curtis Wealth Management LLC purchased a new stake in iShares MSCI EAFE Value ETF during the fourth quarter valued at about $5,917,000. Finally, Marks Group Wealth Management Inc grew its stake in shares of iShares MSCI EAFE Value ETF by 27.8% during the first quarter. Marks Group Wealth Management Inc now owns 446,464 shares of the company’s stock valued at $33,195,000 after buying an additional 97,024 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.