1607 Capital Partners LLC acquired a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 16,150 shares of the exchange traded fund’s stock, valued at approximately $1,551,000.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its stake in iShares MSCI EAFE ETF by 9.5% in the fourth 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 acquiring an additional 3,481,849 shares during the period. Morgan Stanley boosted its position 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 valued at $3,036,238,000 after buying an additional 4,244,605 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares MSCI EAFE ETF by 5.1% during 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 during the last quarter. Northern Trust Corp boosted its position in shares of iShares MSCI EAFE ETF by 1.0% during 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 boosted 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 buying an additional 1,922,902 shares during the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.
iShares MSCI EAFE ETF Stock Down 0.5%
Shares of NYSEARCA:EFA opened at $103.78 on Thursday. The business’s 50 day moving average is $103.13 and its 200 day moving average is $100.37. The stock has a market cap of $76.59 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 12-month low of $85.68 and a 12-month high of $105.94.
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.
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