Axxcess Wealth Management LLC Has $19.58 Million Stake in iShares MSCI EAFE ETF $EFA

Axxcess Wealth Management LLC grew its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1,277.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 203,921 shares of the exchange traded fund’s stock after buying an additional 189,113 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares MSCI EAFE ETF were worth $19,583,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of EFA. Bank of America Corp DE raised its position in iShares MSCI EAFE ETF by 9.5% in the 4th quarter. Bank of America Corp DE now owns 40,215,965 shares of the exchange traded fund’s stock valued at $3,861,939,000 after purchasing an additional 3,481,849 shares during the last quarter. Morgan Stanley increased its stake in shares of iShares MSCI EAFE ETF by 15.5% in the fourth quarter. Morgan Stanley now owns 31,617,599 shares of the exchange traded fund’s stock valued at $3,036,238,000 after buying an additional 4,244,605 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI EAFE ETF by 5.1% in the fourth quarter. JPMorgan Chase & Co. now owns 21,517,515 shares of the exchange traded fund’s stock valued at $2,066,327,000 after buying an additional 1,041,180 shares in the last quarter. Northern Trust Corp raised its holdings in shares of iShares MSCI EAFE ETF by 1.0% in the fourth quarter. Northern Trust Corp now owns 21,303,587 shares of the exchange traded fund’s stock valued at $2,045,783,000 after buying an additional 205,935 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC lifted its position in iShares MSCI EAFE ETF by 13.9% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 15,736,766 shares of the exchange traded fund’s stock worth $1,511,202,000 after buying an additional 1,922,902 shares in the last quarter. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Up 0.6%

Shares of NYSEARCA:EFA opened at $104.41 on Friday. iShares MSCI EAFE ETF has a 12 month low of $85.68 and a 12 month high of $105.94. The company’s 50-day moving average price is $103.25 and its two-hundred day moving average price is $100.43. The firm has a market cap of $77.05 billion, a P/E 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.