Conning Inc. Trims Holdings in iShares MSCI EAFE ETF $EFA

Conning Inc. reduced its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 12.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 108,490 shares of the exchange traded fund’s stock after selling 15,298 shares during the period. Conning Inc.’s holdings in iShares MSCI EAFE ETF were worth $10,538,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its stake in iShares MSCI EAFE ETF by 359.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,306,948 shares of the exchange traded fund’s stock worth $1,085,806,000 after acquiring an additional 8,846,240 shares during the period. Morgan Stanley boosted its holdings in shares of iShares MSCI EAFE ETF by 15.5% during the fourth quarter. Morgan Stanley now owns 31,617,599 shares of the exchange traded fund’s stock worth $3,036,238,000 after purchasing an additional 4,244,605 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of iShares MSCI EAFE ETF by 9.5% during the fourth 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 purchasing an additional 3,481,849 shares during the last quarter. Valpey Financial Services LLC grew its position in shares of iShares MSCI EAFE ETF by 9,468.5% in the fourth quarter. Valpey Financial Services LLC now owns 2,091,588 shares of the exchange traded fund’s stock valued at $200,855,000 after purchasing an additional 2,069,729 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC grew its position in shares of iShares MSCI EAFE ETF by 13.9% in 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 during the period. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Trading Up 0.4%

iShares MSCI EAFE ETF stock opened at $104.33 on Friday. The stock has a fifty day moving average price of $103.72 and a 200 day moving average price of $101.31. iShares MSCI EAFE ETF has a 52 week low of $86.74 and a 52 week high of $105.94. The firm has a market capitalization of $77.56 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.