Leigh Baldwin & CO. LLC Invests $56.65 Million in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Leigh Baldwin & CO. LLC acquired a new position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) during the 4th quarter, Holdings Channel reports. The fund acquired 749,233 shares of the exchange traded fund’s stock, valued at approximately $56,650,000.

A number of other hedge funds have also recently modified their holdings of the business. JPMorgan Chase & Co. grew its position in shares of iShares MSCI EAFE ETF by 7.1% during the 4th quarter. JPMorgan Chase & Co. now owns 22,067,950 shares of the exchange traded fund’s stock valued at $1,668,558,000 after acquiring an additional 1,463,799 shares during the period. AlTi Global Inc. raised its position in iShares MSCI EAFE ETF by 6.3% in the fourth quarter. AlTi Global Inc. now owns 7,363,173 shares of the exchange traded fund’s stock valued at $556,777,000 after purchasing an additional 434,415 shares during the period. Capital International Investors raised its position in 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 during the period. Raymond James Financial Inc. purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter valued at approximately $258,750,000. Finally, Truist Financial Corp increased its position in shares of iShares MSCI EAFE ETF by 4.2% during the fourth quarter. Truist Financial Corp now owns 3,372,742 shares of the exchange traded fund’s stock worth $255,013,000 after acquiring an additional 134,539 shares during the period. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.5%

Shares of EFA stock opened at $85.97 on Monday. iShares MSCI EAFE ETF has a 12 month low of $72.15 and a 12 month high of $86.48. The company has a market cap of $60.40 billion, a P/E ratio of 16.12 and a beta of 0.81. The firm has a fifty day moving average price of $82.17 and a 200 day moving average price of $79.87.

About iShares MSCI EAFE ETF

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.