Global Assets Advisory LLC purchased a new position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) in the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 34,277 shares of the exchange traded fund’s stock, valued at approximately $3,329,000. iShares MSCI EAFE ETF accounts for about 0.8% of Global Assets Advisory LLC’s portfolio, making the stock its 22nd biggest holding.
Other large investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares MSCI EAFE ETF by 359.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,306,948 shares of the exchange traded fund’s stock worth $1,085,806,000 after acquiring an additional 8,846,240 shares during the last quarter. Morgan Stanley boosted its holdings in iShares MSCI EAFE ETF by 15.5% during the 4th quarter. Morgan Stanley now owns 31,617,599 shares of the exchange traded fund’s stock valued at $3,036,238,000 after acquiring an additional 4,244,605 shares during the period. Bank of America Corp DE increased its stake in 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 during the period. Fifth Third Bancorp boosted its stake in shares of iShares MSCI EAFE ETF by 214.8% during the first quarter. Fifth Third Bancorp now owns 3,734,895 shares of the exchange traded fund’s stock valued at $362,770,000 after purchasing an additional 2,548,421 shares during the period. Finally, Valpey Financial Services LLC increased its stake in shares of iShares MSCI EAFE ETF by 9,468.5% in the fourth quarter. Valpey Financial Services LLC now owns 2,091,588 shares of the exchange traded fund’s stock worth $200,855,000 after buying an additional 2,069,729 shares during the period. 79.80% of the stock is owned by hedge funds and other institutional investors.
iShares MSCI EAFE ETF Stock Up 0.4%
Shares of NYSEARCA:EFA traded up $0.41 during midday trading on Friday, hitting $104.33. 8,286,793 shares of the stock traded hands, compared to its average volume of 19,149,502. The stock has a market capitalization of $77.25 billion, a PE ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a one year low of $86.74 and a one year high of $105.94. The business’s 50 day moving average is $103.72 and its two-hundred day moving average is $101.31.
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.
Featured Stories
- Five stocks we like better than iShares MSCI EAFE ETF
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
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.
