Baird Financial Group Inc. Boosts Stock Position in iShares MSCI EAFE ETF $EFA

Baird Financial Group Inc. raised its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 0.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,342,139 shares of the exchange traded fund’s stock after purchasing an additional 7,270 shares during the period. Baird Financial Group Inc.’s holdings in iShares MSCI EAFE ETF were worth $119,974,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pineridge Advisors LLC bought a new stake in shares of iShares MSCI EAFE ETF in the second quarter worth $25,000. Addison Advisors LLC increased its position in shares of iShares MSCI EAFE ETF by 56.6% in the 2nd quarter. Addison Advisors LLC now owns 379 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 137 shares during the last quarter. Angeles Investment Advisors LLC bought a new stake in shares of iShares MSCI EAFE ETF in the 2nd quarter worth about $39,000. Elequin Capital LP raised its stake in shares of iShares MSCI EAFE ETF by 44.7% in the 1st quarter. Elequin Capital LP now owns 447 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 138 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC bought a new position in shares of iShares MSCI EAFE ETF during the second quarter worth about $49,000. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA:EFA opened at $95.55 on Thursday. The company has a market capitalization of $68.91 billion, a price-to-earnings ratio of 16.48 and a beta of 0.84. iShares MSCI EAFE ETF has a one year low of $72.14 and a one year high of $96.69. The stock has a 50-day simple moving average of $94.27 and a 200 day simple moving average of $91.51.

About iShares MSCI EAFE ETF

iShares MSCI EAFE ETF, formerly iShares MSCI EAFE Index Fund (the Fund), is an exchange-traded fund. The Fund’s investment objective is to seek investment results that correspond to the price and yield performance of its underlying index, MSCI EAFE Index (the Index). The Index has been developed by MSCI Inc as an equity benchmark for its international stock performance.