AlTi Global Inc. Has $523.75 Million Position in iShares MSCI EAFE ETF $EFA

AlTi Global Inc. grew its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,858,977 shares of the exchange traded fund’s stock after purchasing an additional 61,599 shares during the period. iShares MSCI EAFE ETF makes up 13.1% of AlTi Global Inc.’s portfolio, making the stock its biggest holding. AlTi Global Inc. owned 0.81% of iShares MSCI EAFE ETF worth $523,751,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in EFA. Smallwood Wealth Investment Management LLC purchased a new stake in shares of iShares MSCI EAFE ETF in the first quarter worth approximately $34,000. Fiduciary Wealth Partners LLC purchased a new stake in shares of iShares MSCI EAFE ETF in the first quarter worth approximately $36,000. Elequin Capital LP lifted its position in shares of iShares MSCI EAFE ETF by 44.7% in the first quarter. Elequin Capital LP now owns 447 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 138 shares in the last quarter. von Borstel & Associates Inc. purchased a new stake in shares of iShares MSCI EAFE ETF in the first quarter worth approximately $43,000. Finally, 3Chopt Investment Partners LLC purchased a new stake in shares of iShares MSCI EAFE ETF in the first quarter worth approximately $52,000. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA opened at $94.89 on Friday. The firm has a market cap of $68.43 billion, a PE ratio of 16.48 and a beta of 0.86. The firm’s 50 day moving average price is $93.03 and its 200 day moving average price is $89.04. iShares MSCI EAFE ETF has a twelve month low of $72.14 and a twelve month high of $95.53.

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.