Clearbridge Investments LLC purchased a new stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 78,641 shares of the exchange traded fund’s stock, valued at approximately $7,552,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EFA. Brighton Jones LLC boosted its stake in iShares MSCI EAFE ETF by 5.3% during the fourth quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after buying an additional 11,902 shares during the last quarter. Revolve Wealth Partners LLC bought a new position in iShares MSCI EAFE ETF during the fourth quarter valued at approximately $629,000. First Trust Advisors LP boosted its stake in iShares MSCI EAFE ETF by 13.4% during the second quarter. First Trust Advisors LP now owns 3,190 shares of the exchange traded fund’s stock valued at $285,000 after buying an additional 377 shares during the last quarter. NewEdge Advisors LLC increased its position in iShares MSCI EAFE ETF by 21.5% in the second quarter. NewEdge Advisors LLC now owns 115,897 shares of the exchange traded fund’s stock worth $10,360,000 after purchasing an additional 20,528 shares during the last quarter. Finally, Sei Investments Co. increased its position in iShares MSCI EAFE ETF by 6.1% in the second quarter. Sei Investments Co. now owns 75,960 shares of the exchange traded fund’s stock worth $6,790,000 after purchasing an additional 4,348 shares during the last quarter. 79.80% of the stock is owned by institutional investors.
iShares MSCI EAFE ETF Stock Performance
Shares of EFA opened at $101.57 on Thursday. The company’s fifty day moving average is $102.49 and its 200 day moving average is $99.99. iShares MSCI EAFE ETF has a fifty-two week low of $85.68 and a fifty-two week high of $105.94. The stock has a market capitalization of $74.96 billion, a PE ratio of 16.48 and a beta of 0.78.
iShares MSCI EAFE ETF Company Profile
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.
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