Becker Capital Management Inc. Raises Position in iShares MSCI EAFE ETF $EFA

Becker Capital Management Inc. increased its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 5.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 801,714 shares of the exchange traded fund’s stock after purchasing an additional 44,503 shares during the period. iShares MSCI EAFE ETF accounts for about 2.2% of Becker Capital Management Inc.’s investment portfolio, making the stock its 7th biggest holding. Becker Capital Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $74,856,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Investment Management Company LLC raised its position in shares of iShares MSCI EAFE ETF by 1.6% during the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 13,813,864 shares of the exchange traded fund’s stock valued at $1,289,800,000 after acquiring an additional 211,523 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of iShares MSCI EAFE ETF by 0.3% during the second quarter. PNC Financial Services Group Inc. now owns 8,689,604 shares of the exchange traded fund’s stock worth $776,764,000 after purchasing an additional 28,965 shares during the period. AlTi Global Inc. lifted its position in shares of iShares MSCI EAFE ETF by 2.4% in the 3rd quarter. AlTi Global Inc. now owns 6,000,422 shares of the exchange traded fund’s stock worth $560,259,000 after buying an additional 141,445 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in shares of iShares MSCI EAFE ETF by 50.7% in the 2nd quarter. Corient Private Wealth LLC now owns 5,768,279 shares of the exchange traded fund’s stock valued at $504,181,000 after buying an additional 1,939,941 shares during the period. Finally, Bessemer Group Inc. boosted its holdings in shares of iShares MSCI EAFE ETF by 87.0% in the 3rd quarter. Bessemer Group Inc. now owns 4,430,239 shares of the exchange traded fund’s stock valued at $413,652,000 after buying an additional 2,061,536 shares during the period. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Down 0.2%

EFA opened at $105.38 on Monday. The company’s 50-day moving average price is $100.59 and its 200 day moving average price is $96.21. iShares MSCI EAFE ETF has a fifty-two week low of $72.14 and a fifty-two week high of $105.94. The firm has a market cap of $77.77 billion, a price-to-earnings ratio of 16.48 and a beta of 0.84.

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. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.