Hackensack Meridian Health Inc. Takes $63.91 Million Position in iShares MSCI EAFE Value ETF $EFV

Hackensack Meridian Health Inc. purchased a new stake in iShares MSCI EAFE Value ETF (BATS:EFV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 895,000 shares of the company’s stock, valued at approximately $63,912,000. iShares MSCI EAFE Value ETF accounts for about 5.8% of Hackensack Meridian Health Inc.’s investment portfolio, making the stock its 6th biggest holding.

A number of other institutional investors also recently modified their holdings of EFV. MML Investors Services LLC raised its position in shares of iShares MSCI EAFE Value ETF by 68.6% in the second 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. Ameriprise Financial Inc. raised its position in shares of iShares MSCI EAFE Value ETF by 30.2% in the second 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 during the period. Flow Traders U.S. LLC bought a new position in shares of iShares MSCI EAFE Value ETF in the third quarter valued at approximately $76,892,000. Bank of America Corp DE raised its position in shares of iShares MSCI EAFE Value ETF by 11.5% in the second 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 during the period. Finally, Susquehanna International Group LLP raised its position in shares of iShares MSCI EAFE Value ETF by 5,180.8% in the third quarter. Susquehanna International Group LLP now owns 790,592 shares of the company’s stock valued at $53,626,000 after purchasing an additional 775,621 shares during the period.

iShares MSCI EAFE Value ETF Stock Down 0.8%

BATS:EFV opened at $77.93 on Thursday. iShares MSCI EAFE Value ETF has a 12 month low of $61.29 and a 12 month high of $80.14. The firm has a market cap of $31.95 billion, a price-to-earnings ratio of 12.17 and a beta of 0.73. The company’s 50 day moving average is $77.04 and its 200-day moving average is $74.78.

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.