Traders Buy Large Volume of Call Options on iShares MSCI EAFE Value ETF (BATS:EFV)

iShares MSCI EAFE Value ETF (BATS:EFV) was the target of some unusual options trading activity on Friday. Traders acquired 15,851 call options on the stock. This is an increase of approximately 4,303% compared to the typical volume of 360 call options.

iShares MSCI EAFE Value ETF Price Performance

iShares MSCI EAFE Value ETF stock opened at $59.95 on Friday. The firm has a 50 day simple moving average of $56.60 and a 200-day simple moving average of $55.52. iShares MSCI EAFE Value ETF has a 1-year low of $51.05 and a 1-year high of $60.86. The stock has a market cap of $20.74 billion, a price-to-earnings ratio of 13.02 and a beta of 0.82.

Hedge Funds Weigh In On iShares MSCI EAFE Value ETF

Several large investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its holdings in shares of iShares MSCI EAFE Value ETF by 7.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 58,027,852 shares of the company’s stock worth $3,044,721,000 after acquiring an additional 4,032,718 shares during the last quarter. FMR LLC lifted its holdings in shares of iShares MSCI EAFE Value ETF by 8.0% in the 4th quarter. FMR LLC now owns 20,745,609 shares of the company’s stock worth $1,088,522,000 after acquiring an additional 1,536,021 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares MSCI EAFE Value ETF by 34.6% in the 4th quarter. LPL Financial LLC now owns 17,195,268 shares of the company’s stock worth $902,236,000 after acquiring an additional 4,421,879 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI EAFE Value ETF by 8.3% in the 4th quarter. JPMorgan Chase & Co. now owns 14,326,441 shares of the company’s stock worth $751,708,000 after acquiring an additional 1,093,469 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in shares of iShares MSCI EAFE Value ETF by 3.9% in the 4th quarter. US Bancorp DE now owns 12,803,041 shares of the company’s stock worth $671,789,000 after acquiring an additional 481,280 shares during 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.