Northwestern Mutual Wealth Management Co. Increases Stock Position in iShares MSCI EAFE Value ETF $EFV

Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares MSCI EAFE Value ETF (BATS:EFV) by 21.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 2,017,941 shares of the company’s stock after buying an additional 351,926 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares MSCI EAFE Value ETF were worth $144,101,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. US Bancorp DE boosted its holdings 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. Bank of America Corp DE boosted its stake in shares of iShares MSCI EAFE Value ETF by 8.9% in the 3rd 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 during the last quarter. Ameriprise Financial Inc. boosted its stake 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 buying an additional 948,091 shares during the last quarter. MML Investors Services LLC boosted its stake in shares of iShares MSCI EAFE Value ETF by 68.6% in the 2nd 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 during the last quarter. Finally, Alliancebernstein L.P. boosted its stake in shares of iShares MSCI EAFE Value ETF by 0.6% in the 2nd 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 during the last quarter.

iShares MSCI EAFE Value ETF Price Performance

EFV stock opened at $78.59 on Friday. The company has a market cap of $32.22 billion, a P/E ratio of 12.17 and a beta of 0.73. iShares MSCI EAFE Value ETF has a 1 year low of $61.29 and a 1 year high of $80.14. The stock’s fifty day moving average price is $76.58 and its 200-day moving average price is $74.56.

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.