Montecito Bank & Trust Purchases Shares of 92,984 iShares MSCI EAFE Value ETF $EFV

Montecito Bank & Trust acquired a new position in shares of iShares MSCI EAFE Value ETF (BATS:EFV) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 92,984 shares of the company’s stock, valued at approximately $6,307,000. iShares MSCI EAFE Value ETF makes up about 1.0% of Montecito Bank & Trust’s portfolio, making the stock its 23rd biggest holding.

A number of other hedge funds have also made changes to their positions in the business. Envestnet Asset Management Inc. lifted its stake in iShares MSCI EAFE Value ETF by 50.0% during the second quarter. Envestnet Asset Management Inc. now owns 70,125,413 shares of the company’s stock worth $4,451,560,000 after purchasing an additional 23,376,524 shares during the last quarter. JPMorgan Chase & Co. increased its stake in iShares MSCI EAFE Value ETF by 28.6% in the second quarter. JPMorgan Chase & Co. now owns 15,814,518 shares of the company’s stock valued at $1,003,906,000 after purchasing an additional 3,518,683 shares during the last quarter. US Bancorp DE raised its holdings in iShares MSCI EAFE Value ETF by 4.1% during the second quarter. US Bancorp DE now owns 13,614,142 shares of the company’s stock worth $864,247,000 after purchasing an additional 540,216 shares in the last quarter. Bank of America Corp DE lifted its position 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 buying an additional 999,564 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its position in shares of iShares MSCI EAFE Value ETF by 24.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 8,959,087 shares of the company’s stock worth $568,723,000 after buying an additional 1,743,904 shares during the last quarter.

iShares MSCI EAFE Value ETF Price Performance

BATS EFV opened at $70.21 on Thursday. The firm’s fifty day moving average price is $69.32 and its 200 day moving average price is $66.79. The company has a market capitalization of $28.78 billion, a price-to-earnings ratio of 12.17 and a beta of 0.73. iShares MSCI EAFE Value ETF has a 12 month low of $51.05 and a 12 month high of $66.83.

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.