Laurel Wealth Advisors LLC cut its position in iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) by 4.3% during the first quarter, Holdings Channel.com reports. The institutional investor owned 36,902 shares of the exchange traded fund’s stock after selling 1,670 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $3,016,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in iShares MSCI EAFE ETF by 7.1% during the 4th 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 holdings in iShares MSCI EAFE ETF by 289.6% during the 4th quarter. Mackenzie Financial Corp now owns 7,811,793 shares of the exchange traded fund’s stock worth $590,650,000 after acquiring an additional 5,806,736 shares during the last quarter. AlTi Global Inc. grew its holdings in 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 acquiring an additional 434,415 shares during the last quarter. Capital International Investors boosted its stake in shares of iShares MSCI EAFE ETF by 401.3% in the 4th quarter. Capital International Investors now owns 4,483,982 shares of the exchange traded fund’s stock valued at $339,034,000 after purchasing an additional 3,589,503 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of iShares MSCI EAFE ETF in the 4th quarter valued at about $258,750,000. 79.80% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI EAFE ETF Trading Up 0.1%
Shares of NYSEARCA EFA opened at $89.85 on Wednesday. The firm has a market capitalization of $63.13 billion, a PE ratio of 16.35 and a beta of 0.83. iShares MSCI EAFE ETF has a 1 year low of $72.15 and a 1 year high of $90.09. The firm’s 50-day moving average is $84.44 and its 200-day moving average is $81.33.
iShares MSCI EAFE ETF Company 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.
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