iShares MSCI EAFE Value ETF (BATS:EFV) Reaches New 52-Week High – Should You Buy?

iShares MSCI EAFE Value ETF (BATS:EFV) shares reached a new 52-week high on Tuesday . The stock traded as high as $82.67 and last traded at $82.25, with a volume of 103597 shares trading hands. The stock had previously closed at $82.23.

iShares MSCI EAFE Value ETF Price Performance

The firm’s 50 day moving average price is $79.17 and its 200-day moving average price is $77.72. The firm has a market cap of $33.78 billion, a price-to-earnings ratio of 12.17 and a beta of 0.73.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Hyundai Investments Co. Ltd. raised its position in shares of iShares MSCI EAFE Value ETF by 172.9% during the second quarter. Hyundai Investments Co. Ltd. now owns 7,136 shares of the company’s stock valued at $546,000 after buying an additional 4,521 shares during the last quarter. Ameritas Advisory Services LLC raised its holdings in iShares MSCI EAFE Value ETF by 372.0% in the 2nd quarter. Ameritas Advisory Services LLC now owns 14,638 shares of the company’s stock valued at $1,121,000 after acquiring an additional 11,537 shares in the last quarter. Guardian Wealth Advisors LLC NC lifted its position in shares of iShares MSCI EAFE Value ETF by 2.3% in the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 175,178 shares of the company’s stock worth $13,410,000 after acquiring an additional 4,011 shares during the period. Kintra Wealth LLC grew its holdings in shares of iShares MSCI EAFE Value ETF by 54.8% during the 2nd quarter. Kintra Wealth LLC now owns 13,631 shares of the company’s stock worth $1,116,000 after purchasing an additional 4,827 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC grew its holdings in shares of iShares MSCI EAFE Value ETF by 8.2% during the 2nd quarter. Beaird Harris Wealth Management LLC now owns 5,291 shares of the company’s stock worth $405,000 after purchasing an additional 401 shares in the last quarter.

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.