iShares MSCI EAFE Value ETF (BATS:EFV) Reaches New 1-Year High – Should You Buy?

iShares MSCI EAFE Value ETF (BATS:EFV)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $81.38 and last traded at $81.34, with a volume of 3815333 shares changing hands. The stock had previously closed at $81.09.

iShares MSCI EAFE Value ETF Price Performance

The company has a 50-day moving average of $78.16 and a two-hundred day moving average of $77.06. The stock has a market capitalization of $33.49 billion, a PE ratio of 12.17 and a beta of 0.73.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Brighton Jones LLC acquired a new position in shares of iShares MSCI EAFE Value ETF in the 4th quarter valued at $281,000. Revolve Wealth Partners LLC raised its position in shares of iShares MSCI EAFE Value ETF by 41.3% in the 4th quarter. Revolve Wealth Partners LLC now owns 38,725 shares of the company’s stock worth $2,032,000 after buying an additional 11,327 shares during the period. Squarepoint Ops LLC boosted its holdings in iShares MSCI EAFE Value ETF by 20.4% in the second quarter. Squarepoint Ops LLC now owns 19,814 shares of the company’s stock valued at $1,258,000 after acquiring an additional 3,354 shares during the last quarter. Peapack Gladstone Financial Corp grew its position in iShares MSCI EAFE Value ETF by 32.5% during the second quarter. Peapack Gladstone Financial Corp now owns 8,959 shares of the company’s stock valued at $569,000 after acquiring an additional 2,200 shares during the period. Finally, Alliancebernstein L.P. grew its position in iShares MSCI EAFE Value ETF by 0.6% during the second quarter. Alliancebernstein L.P. now owns 5,094,815 shares of the company’s stock valued at $323,419,000 after acquiring an additional 31,570 shares during the period.

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.