Fluent Financial LLC grew its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) by 97.9% during the second quarter, Holdings Channel reports. The firm owned 460,833 shares of the exchange traded fund’s stock after purchasing an additional 228,004 shares during the period. iShares MSCI EAFE ETF makes up approximately 17.1% of Fluent Financial LLC’s portfolio, making the stock its largest position. Fluent Financial LLC’s holdings in iShares MSCI EAFE ETF were worth $47,871,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Bank of America Corp DE grew its holdings in iShares MSCI EAFE ETF by 9.5% during the fourth 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 buying an additional 3,481,849 shares in the last quarter. Morgan Stanley lifted its stake 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 in the last quarter. JPMorgan Chase & Co. lifted its stake in iShares MSCI EAFE ETF by 5.1% during the 4th quarter. JPMorgan Chase & Co. now owns 21,517,515 shares of the exchange traded fund’s stock valued at $2,066,327,000 after acquiring an additional 1,041,180 shares in the last quarter. Northern Trust Corp boosted its holdings in iShares MSCI EAFE ETF by 1.0% during the 4th quarter. Northern Trust Corp now owns 21,303,587 shares of the exchange traded fund’s stock worth $2,045,783,000 after acquiring an additional 205,935 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC boosted its holdings in iShares MSCI EAFE ETF by 13.9% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 15,736,766 shares of the exchange traded fund’s stock worth $1,511,202,000 after acquiring an additional 1,922,902 shares during the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.
iShares MSCI EAFE ETF Price Performance
NYSEARCA EFA opened at $108.55 on Monday. iShares MSCI EAFE ETF has a 1 year low of $89.88 and a 1 year high of $108.76. The firm has a market cap of $80.24 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. The company has a fifty day moving average price of $104.20 and a 200-day moving average price of $102.34.
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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