iShares MSCI EAFE ETF $EFA is BIP Wealth LLC’s 7th Largest Position

BIP Wealth LLC reduced its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 5.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 605,879 shares of the exchange traded fund’s stock after selling 36,758 shares during the period. iShares MSCI EAFE ETF makes up 2.4% of BIP Wealth LLC’s investment portfolio, making the stock its 7th largest holding. BIP Wealth LLC’s holdings in iShares MSCI EAFE ETF were worth $58,849,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares MSCI EAFE ETF by 359.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,306,948 shares of the exchange traded fund’s stock valued at $1,085,806,000 after buying an additional 8,846,240 shares in the last quarter. Causeway Capital Management LLC boosted its position in shares of iShares MSCI EAFE ETF by 70,110.5% in the 3rd quarter. Causeway Capital Management LLC now owns 4,959,667 shares of the exchange traded fund’s stock worth $463,084,000 after buying an additional 4,952,603 shares in the last quarter. Morgan Stanley boosted its position 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 buying an additional 4,244,605 shares in the last quarter. Bank of America Corp DE grew its stake 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 acquiring an additional 3,481,849 shares during the last quarter. Finally, Valpey Financial Services LLC grew its stake in iShares MSCI EAFE ETF by 9,468.5% in the 4th quarter. Valpey Financial Services LLC now owns 2,091,588 shares of the exchange traded fund’s stock valued at $200,855,000 after acquiring an additional 2,069,729 shares during the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA:EFA opened at $104.37 on Friday. The firm has a 50-day moving average price of $103.40 and a two-hundred day moving average price of $100.99. iShares MSCI EAFE ETF has a twelve month low of $86.74 and a twelve month high of $105.94. The company 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.