Northwestern Mutual Investment Management Company LLC increased its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) by 13.9% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 15,736,766 shares of the exchange traded fund’s stock after acquiring an additional 1,922,902 shares during the period. iShares MSCI EAFE ETF makes up about 17.6% of Northwestern Mutual Investment Management Company LLC’s holdings, making the stock its largest holding. Northwestern Mutual Investment Management Company LLC’s holdings in iShares MSCI EAFE ETF were worth $1,511,202,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in EFA. Northwestern Mutual Wealth Management Co. grew its position in iShares MSCI EAFE ETF by 359.5% in the fourth 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 period. Causeway Capital Management LLC boosted its position in shares of iShares MSCI EAFE ETF by 70,110.5% during the third quarter. Causeway Capital Management LLC now owns 4,959,667 shares of the exchange traded fund’s stock worth $463,084,000 after buying an additional 4,952,603 shares during the period. Bessemer Group Inc. boosted its position in shares of iShares MSCI EAFE ETF by 87.0% during the third quarter. Bessemer Group Inc. now owns 4,430,239 shares of the exchange traded fund’s stock worth $413,652,000 after buying an additional 2,061,536 shares during the period. SG Americas Securities LLC boosted its position in shares of iShares MSCI EAFE ETF by 321.9% during the fourth quarter. SG Americas Securities LLC now owns 1,603,139 shares of the exchange traded fund’s stock worth $153,949,000 after buying an additional 1,223,126 shares during the period. Finally, Natixis Advisors LLC boosted its position in shares of iShares MSCI EAFE ETF by 68.6% during the third quarter. Natixis Advisors LLC now owns 2,341,777 shares of the exchange traded fund’s stock worth $218,652,000 after buying an additional 952,877 shares during the period. 79.80% of the stock is currently owned by hedge funds and other institutional investors.
iShares MSCI EAFE ETF Stock Down 1.7%
EFA opened at $101.72 on Friday. iShares MSCI EAFE ETF has a 52 week low of $85.68 and a 52 week high of $105.94. The business has a fifty day simple moving average of $99.97 and a 200-day simple moving average of $98.79. The firm has a market cap of $75.07 billion, a P/E ratio of 16.48 and a beta of 0.78.
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. 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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