iShares MSCI EAFE ETF $EFA Shares Purchased by Brown Advisory Inc.

Brown Advisory Inc. boosted its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 11.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 929,302 shares of the exchange traded fund’s stock after purchasing an additional 97,363 shares during the period. Brown Advisory Inc.’s holdings in iShares MSCI EAFE ETF were worth $89,241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of 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 purchasing an additional 11,902 shares during the period. Revolve Wealth Partners LLC acquired a new position in shares of iShares MSCI EAFE ETF during the fourth quarter valued at $629,000. First Trust Advisors LP increased its holdings in shares of 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 purchasing an additional 377 shares during the period. NewEdge Advisors LLC increased its holdings in shares of iShares MSCI EAFE ETF by 21.5% during the second quarter. NewEdge Advisors LLC now owns 115,897 shares of the exchange traded fund’s stock valued at $10,360,000 after purchasing an additional 20,528 shares during the period. Finally, Sei Investments Co. increased its holdings in shares of iShares MSCI EAFE ETF by 6.1% during the second quarter. Sei Investments Co. now owns 75,960 shares of the exchange traded fund’s stock valued at $6,790,000 after purchasing an additional 4,348 shares during the period. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA opened at $105.02 on Monday. The firm has a market capitalization of $77.50 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a one year low of $85.68 and a one year high of $105.94. The stock’s fifty day moving average is $102.77 and its 200-day moving average is $100.16.

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.