Brave Asset Management Inc. Grows Stock Holdings in iShares MSCI EAFE Value ETF $EFV

Brave Asset Management Inc. boosted its holdings in shares of iShares MSCI EAFE Value ETF (BATS:EFV) by 2.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 737,659 shares of the company’s stock after purchasing an additional 14,682 shares during the period. iShares MSCI EAFE Value ETF makes up approximately 12.9% of Brave Asset Management Inc.’s holdings, making the stock its biggest position. Brave Asset Management Inc.’s holdings in iShares MSCI EAFE Value ETF were worth $54,845,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Auto Owners Insurance Co increased its holdings in shares of iShares MSCI EAFE Value ETF by 8,167.2% in the fourth quarter. Auto Owners Insurance Co now owns 327,629,080 shares of the company’s stock valued at $2,339,599,000 after buying an additional 323,666,080 shares in the last quarter. US Bancorp DE lifted its position in shares of iShares MSCI EAFE Value ETF by 1.5% during the 4th quarter. US Bancorp DE now owns 14,206,660 shares of the company’s stock valued at $1,014,522,000 after acquiring an additional 210,510 shares during the last quarter. Morgan Stanley boosted its stake in shares of iShares MSCI EAFE Value ETF by 2.0% during the 4th quarter. Morgan Stanley now owns 11,985,894 shares of the company’s stock worth $855,913,000 after acquiring an additional 231,177 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of iShares MSCI EAFE Value ETF by 8.9% during the 3rd quarter. Bank of America Corp DE now owns 10,581,287 shares of the company’s stock worth $717,729,000 after acquiring an additional 861,825 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of iShares MSCI EAFE Value ETF by 18.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,214,149 shares of the company’s stock worth $421,502,000 after acquiring an additional 948,091 shares during the last quarter.

iShares MSCI EAFE Value ETF Stock Down 1.2%

Shares of BATS EFV opened at $75.91 on Wednesday. The stock’s fifty day simple moving average is $77.74 and its 200 day simple moving average is $75.55. The stock has a market capitalization of $31.12 billion, a price-to-earnings ratio of 12.17 and a beta of 0.73. iShares MSCI EAFE Value ETF has a 52-week low of $62.21 and a 52-week high of $80.14.

About iShares MSCI EAFE Value ETF

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.