iShares MSCI EAFE Value ETF (BATS:EFV) Sets New 1-Year High – Still a Buy?

Shares of iShares MSCI EAFE Value ETF (BATS:EFV) reached a new 52-week high on Wednesday . The company traded as high as $80.32 and last traded at $80.08, with a volume of 1461043 shares traded. The stock had previously closed at $79.70.

iShares MSCI EAFE Value ETF Stock Down 0.1%

The stock has a market capitalization of $32.64 billion, a PE ratio of 12.17 and a beta of 0.73. The stock’s 50 day moving average price is $77.92 and its 200-day moving average price is $76.71.

Institutional Investors Weigh In On iShares MSCI EAFE Value ETF

Several large investors have recently added to or reduced their stakes in the stock. Auto Owners Insurance Co raised its stake in shares of iShares MSCI EAFE Value ETF by 8,167.2% during 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 acquiring an additional 323,666,080 shares in the last quarter. US Bancorp DE increased its holdings in 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 purchasing an additional 210,510 shares during the period. Morgan Stanley increased its holdings in 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 purchasing an additional 231,177 shares during the period. Bank of America Corp DE raised its position in iShares MSCI EAFE Value ETF by 7.7% during the 1st quarter. Bank of America Corp DE now owns 10,342,735 shares of the company’s stock valued at $768,982,000 after purchasing an additional 736,906 shares in the last quarter. Finally, MML Investors Services LLC raised 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 in the last quarter.

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.