Baer Investment Advisory LLC Buys New Position in iShares MSCI EAFE ETF $EFA

Baer Investment Advisory LLC purchased a new position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,315 shares of the exchange traded fund’s stock, valued at approximately $1,293,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bank of America Corp DE boosted its holdings in iShares MSCI EAFE ETF by 9.5% during the 4th quarter. Bank of America Corp DE now owns 40,215,965 shares of the exchange traded fund’s stock worth $3,861,939,000 after acquiring an additional 3,481,849 shares during the last quarter. Morgan Stanley grew its stake in shares of iShares MSCI EAFE ETF by 15.5% in the 4th quarter. Morgan Stanley now owns 31,617,599 shares of the exchange traded fund’s stock worth $3,036,238,000 after acquiring an additional 4,244,605 shares in the last quarter. JPMorgan Chase & Co. raised its holdings 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 purchasing an additional 1,041,180 shares during 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 purchasing an additional 205,935 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC lifted its position in shares of iShares MSCI EAFE ETF by 13.9% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 15,736,766 shares of the exchange traded fund’s stock valued at $1,511,202,000 after purchasing an additional 1,922,902 shares in the last quarter. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Price Performance

EFA opened at $104.37 on Friday. iShares MSCI EAFE ETF has a fifty-two week low of $86.74 and a fifty-two week high of $105.94. The company’s 50-day moving average is $103.40 and its 200 day moving average is $100.99. The firm has a market capitalization of $77.84 billion, a P/E ratio of 16.48 and a beta of 0.78.

iShares MSCI EAFE ETF 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.