Legacy Advisors LLC raised its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) by 48.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,401 shares of the exchange traded fund’s stock after acquiring an additional 1,444 shares during the period. Legacy Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $360,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its stake 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 valued at $1,668,558,000 after acquiring an additional 1,463,799 shares during the last quarter. Mackenzie Financial Corp raised its stake in shares of 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 buying an additional 5,806,736 shares in the last quarter. AlTi Global Inc. raised its stake 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 buying an additional 434,415 shares in the last quarter. Capital International Investors raised its stake 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 buying an additional 3,589,503 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of iShares MSCI EAFE ETF during the 4th quarter worth approximately $258,750,000. 79.80% of the stock is owned by hedge funds and other institutional investors.
iShares MSCI EAFE ETF Trading Down 0.5%
Shares of EFA stock opened at $87.56 on Thursday. The company has a market cap of $62.36 billion, a price-to-earnings ratio of 16.48 and a beta of 0.83. The stock has a 50 day simple moving average of $86.83 and a 200-day simple moving average of $82.00. iShares MSCI EAFE ETF has a 12-month low of $72.15 and a 12-month high of $90.51.
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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