Flputnam Investment Management Co. Cuts Stake in iShares MSCI EAFE Value ETF (BATS:EFV)

Flputnam Investment Management Co. lessened its stake in shares of iShares MSCI EAFE Value ETF (BATS:EFV) by 40.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 6,117 shares of the company’s stock after selling 4,209 shares during the quarter. Flputnam Investment Management Co.’s holdings in iShares MSCI EAFE Value ETF were worth $321,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Dynasty Wealth Management LLC purchased a new stake in shares of iShares MSCI EAFE Value ETF during the 4th quarter worth approximately $68,860,000. Parkside Financial Bank & Trust grew its holdings in iShares MSCI EAFE Value ETF by 2.0% during the fourth quarter. Parkside Financial Bank & Trust now owns 73,771 shares of the company’s stock valued at $3,871,000 after purchasing an additional 1,444 shares during the period. Wakefield Asset Management LLLP grew its holdings in iShares MSCI EAFE Value ETF by 1.4% during the fourth quarter. Wakefield Asset Management LLLP now owns 267,845 shares of the company’s stock valued at $14,054,000 after purchasing an additional 3,776 shares during the period. Oppenheimer & Co. Inc. increased its position in iShares MSCI EAFE Value ETF by 4.3% in the fourth quarter. Oppenheimer & Co. Inc. now owns 23,729 shares of the company’s stock worth $1,245,000 after buying an additional 973 shares during the last quarter. Finally, Lineweaver Wealth Advisors LLC raised its stake in shares of iShares MSCI EAFE Value ETF by 7.0% in the fourth quarter. Lineweaver Wealth Advisors LLC now owns 233,768 shares of the company’s stock valued at $12,267,000 after buying an additional 15,388 shares during the period.

iShares MSCI EAFE Value ETF Stock Performance

Shares of iShares MSCI EAFE Value ETF stock opened at $57.97 on Tuesday. The stock has a market capitalization of $21.29 billion, a P/E ratio of 12.82 and a beta of 0.82. iShares MSCI EAFE Value ETF has a 52-week low of $49.15 and a 52-week high of $59.57. The stock’s 50-day simple moving average is $54.64 and its 200 day simple moving average is $55.19.

iShares MSCI EAFE Value ETF 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.