Lynch Investment Planning LLC bought a new position in iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) in the fourth quarter, Holdings Channel.com reports. The firm bought 12,052 shares of the exchange traded fund’s stock, valued at approximately $1,157,000. iShares MSCI EAFE ETF comprises about 1.1% of Lynch Investment Planning LLC’s investment portfolio, making the stock its 19th biggest holding.
Other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE boosted its position in iShares MSCI EAFE ETF by 9.5% in the fourth quarter. Bank of America Corp DE now owns 40,215,965 shares of the exchange traded fund’s stock valued at $3,861,939,000 after buying an additional 3,481,849 shares in the last quarter. Morgan Stanley increased its holdings in shares of 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 worth $3,036,238,000 after buying an additional 4,244,605 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares MSCI EAFE ETF by 5.1% in the 4th quarter. JPMorgan Chase & Co. now owns 21,517,515 shares of the exchange traded fund’s stock valued at $2,066,327,000 after acquiring an additional 1,041,180 shares during the last quarter. Northern Trust Corp lifted its stake in shares of iShares MSCI EAFE ETF by 1.0% in the 4th quarter. Northern Trust Corp now owns 21,303,587 shares of the exchange traded fund’s stock valued at $2,045,783,000 after acquiring an additional 205,935 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC boosted its holdings in shares of iShares MSCI EAFE ETF by 13.9% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 15,736,766 shares of the exchange traded fund’s stock valued at $1,511,202,000 after acquiring an additional 1,922,902 shares in the last quarter. 79.80% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI EAFE ETF Stock Up 0.6%
Shares of EFA stock opened at $104.41 on Friday. The firm has a market capitalization of $77.05 billion, a P/E ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a twelve month low of $85.68 and a twelve month high of $105.94. The stock’s fifty day simple moving average is $103.25 and its 200 day simple moving average is $100.43.
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. 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.
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