Spartan Wealth Advisory Services LLC Buys Shares of 21,252 iShares MSCI EAFE ETF $EFA

Spartan Wealth Advisory Services LLC purchased a new position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) during the 1st quarter, Holdings Channel reports. The institutional investor purchased 21,252 shares of the exchange traded fund’s stock, valued at approximately $2,064,000.

A number of other hedge funds have also recently modified their holdings of EFA. Bank of America Corp DE increased its stake in shares of iShares MSCI EAFE ETF by 9.5% in the 4th quarter. Bank of America Corp DE now owns 40,215,965 shares of the exchange traded fund’s stock worth $3,861,939,000 after purchasing an additional 3,481,849 shares in the last quarter. Morgan Stanley lifted its position in iShares MSCI EAFE ETF by 15.5% during the fourth quarter. Morgan Stanley now owns 31,617,599 shares of the exchange traded fund’s stock valued at $3,036,238,000 after purchasing an additional 4,244,605 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares MSCI EAFE ETF by 5.1% during the fourth quarter. JPMorgan Chase & Co. now owns 21,517,515 shares of the exchange traded fund’s stock valued at $2,066,327,000 after purchasing an additional 1,041,180 shares during the period. Northern Trust Corp grew its holdings in iShares MSCI EAFE ETF by 1.0% during the fourth quarter. Northern Trust Corp now owns 21,303,587 shares of the exchange traded fund’s stock valued at $2,045,783,000 after purchasing an additional 205,935 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC increased its position in iShares MSCI EAFE ETF by 13.9% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 15,736,766 shares of the exchange traded fund’s stock worth $1,511,202,000 after buying an additional 1,922,902 shares in the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Down 0.5%

NYSEARCA EFA opened at $103.33 on Friday. iShares MSCI EAFE ETF has a 52 week low of $86.74 and a 52 week high of $105.94. The company has a market capitalization of $76.51 billion, a P/E ratio of 16.48 and a beta of 0.78. The stock’s 50-day moving average price is $103.78 and its 200-day moving average price is $101.57.

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. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.