iShares MSCI EAFE Value ETF (BATS:EFV) Shares Bought by Principal Financial Group Inc.

Principal Financial Group Inc. boosted its stake in shares of iShares MSCI EAFE Value ETF (BATS:EFV) by 71.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 50,719 shares of the company’s stock after buying an additional 21,076 shares during the period. Principal Financial Group Inc.’s holdings in iShares MSCI EAFE Value ETF were worth $2,661,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Forum Financial Management LP raised its position in iShares MSCI EAFE Value ETF by 8.5% in the third quarter. Forum Financial Management LP now owns 5,811 shares of the company’s stock valued at $334,000 after purchasing an additional 455 shares during the period. QRG Capital Management Inc. purchased a new stake in iShares MSCI EAFE Value ETF in the third quarter valued at $264,000. Alterna Wealth Management Inc. raised its position in iShares MSCI EAFE Value ETF by 52.6% in the third quarter. Alterna Wealth Management Inc. now owns 15,599 shares of the company’s stock valued at $897,000 after purchasing an additional 5,379 shares during the period. Madden Advisory Services Inc. raised its position in iShares MSCI EAFE Value ETF by 32.8% in the third quarter. Madden Advisory Services Inc. now owns 12,816 shares of the company’s stock valued at $737,000 after purchasing an additional 3,163 shares during the period. Finally, Cary Street Partners Asset Management LLC raised its position in iShares MSCI EAFE Value ETF by 24.8% in the third quarter. Cary Street Partners Asset Management LLC now owns 162,915 shares of the company’s stock valued at $9,373,000 after purchasing an additional 32,360 shares during the period.

iShares MSCI EAFE Value ETF Stock Up 10.9 %

BATS:EFV opened at $57.94 on Wednesday. iShares MSCI EAFE Value ETF has a 52 week low of $51.05 and a 52 week high of $58.60. The company has a market capitalization of $21.27 billion, a P/E ratio of 12.82 and a beta of 0.82. The stock’s fifty day moving average is $54.76 and its two-hundred day moving average is $55.21.

iShares MSCI EAFE Value ETF Company 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.