Capital Advantage Inc. Increases Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Capital Advantage Inc. raised its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 59.2% in the 4th quarter, Holdings Channel reports. The firm owned 93,696 shares of the exchange traded fund’s stock after acquiring an additional 34,845 shares during the period. iShares MSCI EAFE ETF makes up 1.3% of Capital Advantage Inc.’s investment portfolio, making the stock its 17th largest holding. Capital Advantage Inc.’s holdings in iShares MSCI EAFE ETF were worth $7,084,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in EFA. Capital International Investors grew its holdings in shares of iShares MSCI EAFE ETF by 401.3% in the fourth quarter. Capital International Investors now owns 4,483,982 shares of the exchange traded fund’s stock valued at $339,034,000 after purchasing an additional 3,589,503 shares in the last quarter. Raymond James Financial Inc. bought a new position in iShares MSCI EAFE ETF during the fourth quarter valued at $258,750,000. Natixis Advisors LLC raised its stake in shares of iShares MSCI EAFE ETF by 124.5% in the fourth quarter. Natixis Advisors LLC now owns 3,370,059 shares of the exchange traded fund’s stock valued at $254,810,000 after acquiring an additional 1,868,602 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI EAFE ETF by 7.1% in the 4th quarter. JPMorgan Chase & Co. now owns 22,067,950 shares of the exchange traded fund’s stock worth $1,668,558,000 after acquiring an additional 1,463,799 shares during the last quarter. Finally, WCM Investment Management LLC grew its holdings in iShares MSCI EAFE ETF by 5,144.9% during the 4th quarter. WCM Investment Management LLC now owns 1,150,986 shares of the exchange traded fund’s stock valued at $87,026,000 after purchasing an additional 1,129,041 shares during the last quarter. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Price Performance

Shares of NYSEARCA:EFA opened at $86.25 on Tuesday. The business has a 50 day simple moving average of $81.86 and a two-hundred day simple moving average of $79.71. iShares MSCI EAFE ETF has a 1 year low of $72.15 and a 1 year high of $86.48. The firm has a market capitalization of $60.60 billion, a PE ratio of 16.12 and a beta of 0.81.

iShares MSCI EAFE ETF Company 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.