iShares MSCI EAFE Value ETF (BATS:EFV – Get Free Report) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 3,464,134 shares, a growth of 421.8% from the June 15th total of 663,894 shares. Based on an average daily volume of 3,324,944 shares, the short-interest ratio is currently 1.0 days. Approximately 0.8% of the shares of the stock are sold short.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in EFV. Brighton Jones LLC purchased a new position in iShares MSCI EAFE Value ETF during the 4th quarter valued at about $281,000. Revolve Wealth Partners LLC lifted its holdings in shares of iShares MSCI EAFE Value ETF by 41.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 38,725 shares of the company’s stock valued at $2,032,000 after purchasing an additional 11,327 shares in the last quarter. Squarepoint Ops LLC lifted its holdings in shares of 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 purchasing an additional 3,354 shares in the last quarter. Peapack Gladstone Financial Corp grew its position in shares of iShares MSCI EAFE Value ETF by 32.5% in the second quarter. Peapack Gladstone Financial Corp now owns 8,959 shares of the company’s stock valued at $569,000 after purchasing an additional 2,200 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in shares of iShares MSCI EAFE Value ETF by 0.6% in the second quarter. Alliancebernstein L.P. now owns 5,094,815 shares of the company’s stock valued at $323,419,000 after purchasing an additional 31,570 shares during the last quarter.
iShares MSCI EAFE Value ETF Stock Performance
EFV stock traded up $0.11 during midday trading on Monday, hitting $78.50. 109,730 shares of the stock were exchanged, compared to its average volume of 4,071,481. The stock’s 50-day moving average price is $77.71 and its 200-day moving average price is $76.12. The stock has a market cap of $32.19 billion, a price-to-earnings ratio of 12.17 and a beta of 0.73. iShares MSCI EAFE Value ETF has a fifty-two week low of $62.69 and a fifty-two week high of $80.14.
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.
Featured Stories
- Five stocks we like better than iShares MSCI EAFE Value ETF
- AST SpaceMobile’s Next Launches Could Decide Whether Its Rally Regains Orbit
- 3 Dividend Stocks with Growth on Tap for the Second Half
- 3 Overlooked Stocks Positioned for the Next Market Rotation
- 3 Non-Tech Stocks Still Winning Big on AI
Receive News & Ratings for iShares MSCI EAFE Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI EAFE Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
