Commonwealth Equity Services LLC reduced its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) by 1.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 914,730 shares of the exchange traded fund’s stock after selling 12,447 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares MSCI EAFE ETF were worth $95,031,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE boosted its position in shares of iShares MSCI EAFE ETF by 1.5% during the second quarter. Bank of America Corp DE now owns 40,238,465 shares of the exchange traded fund’s stock worth $4,179,972,000 after acquiring an additional 604,529 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares MSCI EAFE ETF by 10.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,285,707 shares of the exchange traded fund’s stock worth $756,839,000 after purchasing an additional 713,952 shares in the last quarter. AlTi Global Inc. lifted its stake in iShares MSCI EAFE ETF by 1.1% in the 1st quarter. AlTi Global Inc. now owns 6,222,715 shares of the exchange traded fund’s stock worth $604,412,000 after purchasing an additional 69,780 shares in the last quarter. Bessemer Group Inc. boosted its holdings in shares of iShares MSCI EAFE ETF by 27.9% during the 1st quarter. Bessemer Group Inc. now owns 5,586,139 shares of the exchange traded fund’s stock valued at $542,581,000 after purchasing an additional 1,218,669 shares during the last quarter. Finally, Fifth Third Bancorp boosted its holdings in shares of iShares MSCI EAFE ETF by 214.8% during the 1st 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 last quarter. Institutional investors own 79.80% of the company’s stock.
iShares MSCI EAFE ETF Stock Down 0.8%
Shares of iShares MSCI EAFE ETF stock opened at $101.89 on Friday. iShares MSCI EAFE ETF has a twelve month low of $91.21 and a twelve month high of $108.89. The business has a 50-day moving average price of $104.65 and a 200-day moving average price of $103.33. The firm has a market cap of $75.62 billion, a price-to-earnings ratio of 16.48 and a beta of 0.79.
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
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
- Airbnb Defied a Brutal Tech Sell-Off, But Can Its Post-Earnings Rally Last?
- MarketBeat Week in Review – 11/2 – 11/6
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.
