Short Interest in iShares MSCI EAFE Value ETF (BATS:EFV) Rises By 269.1%

iShares MSCI EAFE Value ETF (BATS:EFV) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 12,786,440 shares, a growth of 269.1% from the June 30th total of 3,464,134 shares. Currently, 3.1% of the company’s shares are short sold. Based on an average daily volume of 6,550,793 shares, the short-interest ratio is currently 2.0 days.

Institutional Investors Weigh In On iShares MSCI EAFE Value ETF

Several hedge funds have recently made changes to their positions in the company. Auto Owners Insurance Co grew its position in shares of iShares MSCI EAFE Value ETF by 8,167.2% during the 4th quarter. Auto Owners Insurance Co now owns 327,629,080 shares of the company’s stock worth $2,339,599,000 after buying an additional 323,666,080 shares in the last quarter. MML Investors Services LLC increased its position in iShares MSCI EAFE Value ETF by 68.6% during the 2nd quarter. MML Investors Services LLC now owns 5,691,240 shares of the company’s stock valued at $361,280,000 after purchasing an additional 2,316,220 shares during the period. Schroder Investment Management Group purchased a new position in iShares MSCI EAFE Value ETF during the 4th quarter valued at about $101,217,000. Ameriprise Financial Inc. raised its holdings in shares of iShares MSCI EAFE Value ETF by 30.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,266,058 shares of the company’s stock valued at $334,826,000 after purchasing an additional 1,222,406 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of iShares MSCI EAFE Value ETF by 11.5% in the 2nd quarter. Bank of America Corp DE now owns 9,719,462 shares of the company’s stock valued at $616,991,000 after purchasing an additional 999,564 shares in the last quarter.

iShares MSCI EAFE Value ETF Stock Up 0.8%

Shares of BATS:EFV opened at $79.05 on Friday. iShares MSCI EAFE Value ETF has a 52-week low of $62.89 and a 52-week high of $80.14. The stock has a market cap of $32.41 billion, a P/E ratio of 12.17 and a beta of 0.73. The business’s 50 day moving average is $77.85 and its 200 day moving average is $76.58.

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.