iShares MSCI EAFE ETF (NYSEARCA:EFA) Shares Sold by Magnus Financial Group LLC

Magnus Financial Group LLC lessened its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,731 shares of the exchange traded fund’s stock after selling 177 shares during the period. Magnus Financial Group LLC’s holdings in iShares MSCI EAFE ETF were worth $550,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in EFA. JPMorgan Chase & Co. grew its position in shares of iShares MSCI EAFE ETF by 7.1% during the fourth quarter. JPMorgan Chase & Co. now owns 22,067,950 shares of the exchange traded fund’s stock worth $1,668,558,000 after acquiring an additional 1,463,799 shares during the last quarter. Mackenzie Financial Corp grew its position in iShares MSCI EAFE ETF by 289.6% in the 4th quarter. Mackenzie Financial Corp now owns 7,811,793 shares of the exchange traded fund’s stock valued at $590,650,000 after buying an additional 5,806,736 shares during the last quarter. AlTi Global Inc. boosted its position in shares of iShares MSCI EAFE ETF by 6.3% during the 4th quarter. AlTi Global Inc. now owns 7,363,173 shares of the exchange traded fund’s stock worth $556,777,000 after purchasing an additional 434,415 shares in the last quarter. Capital International Investors boosted its position in shares of iShares MSCI EAFE ETF by 401.3% during the 4th quarter. Capital International Investors now owns 4,483,982 shares of the exchange traded fund’s stock worth $339,034,000 after purchasing an additional 3,589,503 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI EAFE ETF during the 4th quarter worth $258,750,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of NYSEARCA EFA opened at $89.74 on Friday. The firm has a market capitalization of $63.05 billion, a P/E ratio of 16.35 and a beta of 0.83. iShares MSCI EAFE ETF has a one year low of $72.15 and a one year high of $89.86. The company’s fifty day moving average is $84.10 and its two-hundred day moving average is $81.13.

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.