Royal Bank of Canada Sells 421,421 Shares of iShares MSCI EAFE Value ETF $EFV

Royal Bank of Canada reduced its position in iShares MSCI EAFE Value ETF (BATS:EFV) by 13.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 2,699,497 shares of the company’s stock after selling 421,421 shares during the period. Royal Bank of Canada owned about 0.66% of iShares MSCI EAFE Value ETF worth $200,709,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of EFV. Auto Owners Insurance Co raised its stake in 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 during the period. US Bancorp DE boosted its stake 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 worth $1,014,522,000 after acquiring an additional 210,510 shares during the period. Morgan Stanley increased its holdings 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 during the last quarter. Bank of America Corp DE raised its stake in 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 acquiring an additional 999,564 shares during the period. Finally, MML Investors Services LLC lifted its holdings 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 last quarter.

iShares MSCI EAFE Value ETF Price Performance

EFV stock opened at $79.38 on Thursday. iShares MSCI EAFE Value ETF has a one year low of $62.89 and a one year high of $80.32. The stock has a market cap of $32.55 billion, a price-to-earnings ratio of 12.17 and a beta of 0.73. The company has a fifty day moving average price of $77.93 and a two-hundred day moving average price of $76.76.

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.