Cim Investment Management Inc. lifted its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) by 99.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 111,818 shares of the exchange traded fund’s stock after buying an additional 55,749 shares during the quarter. iShares MSCI EAFE ETF makes up about 2.0% of Cim Investment Management Inc.’s portfolio, making the stock its 8th biggest position. Cim Investment Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $8,796,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Modern Wealth Management LLC raised its holdings in shares of iShares MSCI EAFE ETF by 278.8% in the first quarter. Modern Wealth Management LLC now owns 31,589 shares of the exchange traded fund’s stock worth $2,582,000 after buying an additional 23,250 shares during the period. Wilshire Advisors LLC purchased a new position in iShares MSCI EAFE ETF during the 1st quarter worth $11,371,000. Rhumbline Advisers increased its holdings in iShares MSCI EAFE ETF by 28.2% during the 1st quarter. Rhumbline Advisers now owns 102,645 shares of the exchange traded fund’s stock worth $8,389,000 after purchasing an additional 22,581 shares during the period. Apeiron RIA LLC increased its holdings in iShares MSCI EAFE ETF by 15.4% during the 1st quarter. Apeiron RIA LLC now owns 11,142 shares of the exchange traded fund’s stock worth $911,000 after purchasing an additional 1,489 shares during the period. Finally, Strs Ohio purchased a new position in iShares MSCI EAFE ETF during the 1st quarter worth $2,832,000. 79.80% of the stock is currently owned by hedge funds and other institutional investors.
iShares MSCI EAFE ETF Stock Up 1.1%
EFA opened at $93.36 on Friday. The stock’s fifty day moving average is $90.43 and its two-hundred day moving average is $86.68. The company has a market capitalization of $67.33 billion, a P/E ratio of 16.48 and a beta of 0.86. iShares MSCI EAFE ETF has a 52 week low of $72.14 and a 52 week high of $93.39.
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.
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