Pitcairn Co. Cuts Holdings in iShares MSCI EAFE Value ETF $EFV

Pitcairn Co. reduced its position in iShares MSCI EAFE Value ETF (BATS:EFV) by 29.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,756 shares of the company’s stock after selling 8,537 shares during the period. Pitcairn Co.’s holdings in iShares MSCI EAFE Value ETF were worth $1,408,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in iShares MSCI EAFE Value ETF by 28.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 15,814,518 shares of the company’s stock valued at $1,003,906,000 after buying an additional 3,518,683 shares in the last quarter. US Bancorp DE raised its holdings in shares of iShares MSCI EAFE Value ETF by 2.8% during the 3rd quarter. US Bancorp DE now owns 13,996,150 shares of the company’s stock worth $949,381,000 after acquiring an additional 382,008 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of iShares MSCI EAFE Value ETF by 11.5% during the 2nd quarter. Bank of America Corp DE now owns 9,719,462 shares of the company’s stock worth $616,991,000 after acquiring an additional 999,564 shares in the last quarter. CWM LLC boosted its position in shares of iShares MSCI EAFE Value ETF by 1.3% during the 3rd quarter. CWM LLC now owns 6,428,350 shares of the company’s stock valued at $436,035,000 after acquiring an additional 82,277 shares during the last quarter. Finally, MML Investors Services LLC boosted its position in shares of 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 acquiring an additional 2,316,220 shares during the last quarter.

iShares MSCI EAFE Value ETF Stock Performance

EFV stock opened at $74.18 on Friday. The firm has a fifty day moving average price of $75.54 and a 200 day moving average price of $71.12. iShares MSCI EAFE Value ETF has a fifty-two week low of $51.87 and a fifty-two week high of $80.14. The firm has a market cap of $30.41 billion, a PE ratio of 12.17 and a beta of 0.73.

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.