Confluence Wealth Services Inc. grew its position in iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) by 3.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 570,997 shares of the exchange traded fund’s stock after acquiring an additional 17,834 shares during the quarter. iShares MSCI EAFE ETF comprises approximately 2.8% of Confluence Wealth Services Inc.’s portfolio, making the stock its 10th biggest position. Confluence Wealth Services Inc.’s holdings in iShares MSCI EAFE ETF were worth $51,041,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of the business. Goldman Sachs Group Inc. increased its stake in iShares MSCI EAFE ETF by 20.2% in the first quarter. Goldman Sachs Group Inc. now owns 46,571,506 shares of the exchange traded fund’s stock valued at $3,806,289,000 after purchasing an additional 7,811,598 shares during the period. TD Asset Management Inc grew its holdings in shares of iShares MSCI EAFE ETF by 29.7% during the first quarter. TD Asset Management Inc now owns 8,517,440 shares of the exchange traded fund’s stock worth $696,130,000 after buying an additional 1,949,126 shares during the last quarter. Sand Hill Global Advisors LLC increased its position in iShares MSCI EAFE ETF by 3.5% in the 1st quarter. Sand Hill Global Advisors LLC now owns 2,825,948 shares of the exchange traded fund’s stock valued at $230,965,000 after acquiring an additional 96,306 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in iShares MSCI EAFE ETF by 2.0% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,343,426 shares of the exchange traded fund’s stock valued at $191,528,000 after acquiring an additional 46,879 shares during the last quarter. Finally, Mackenzie Financial Corp raised its stake in iShares MSCI EAFE ETF by 7.3% during the 1st quarter. Mackenzie Financial Corp now owns 2,231,792 shares of the exchange traded fund’s stock valued at $182,404,000 after acquiring an additional 151,364 shares during the last quarter. 79.80% of the stock is owned by institutional investors and hedge funds.
iShares MSCI EAFE ETF Trading Up 0.8%
iShares MSCI EAFE ETF stock opened at $95.08 on Monday. The stock has a 50 day moving average of $91.69 and a two-hundred day moving average of $87.87. iShares MSCI EAFE ETF has a twelve month low of $72.14 and a twelve month high of $95.27. The stock has a market capitalization of $68.57 billion, a price-to-earnings ratio of 16.48 and a beta of 0.86.
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.
Further Reading
- Five stocks we like better than iShares MSCI EAFE ETF
- How to Calculate Return on Investment (ROI)
- 3 Defense Stocks Surging as Ukraine Tensions Deepen
- Why Are These Companies Considered Blue Chips?
- Starbucks Stock Slumps; This Competitor Shows Strength
- The 3 Best Retail Stocks to Shop for in August
- The Trade Desk: 2 Signs of a Comeback, 1 Risk Ahead
Want to see what other hedge funds are holding EFA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report).
Receive News & Ratings for iShares MSCI EAFE ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI EAFE ETF and related companies with MarketBeat.com's FREE daily email newsletter.