CIBC Asset Management Inc boosted its position in iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) by 11.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,989,202 shares of the exchange traded fund’s stock after purchasing an additional 304,875 shares during the quarter. CIBC Asset Management Inc owned about 0.41% of iShares MSCI EAFE ETF worth $267,205,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of EFA. Laurel Wealth Advisors LLC boosted its position in shares of iShares MSCI EAFE ETF by 8,818.3% during the second quarter. Laurel Wealth Advisors LLC now owns 3,291,030 shares of the exchange traded fund’s stock worth $294,185,000 after buying an additional 3,254,128 shares during the period. State Board of Administration of Florida Retirement System acquired a new stake in iShares MSCI EAFE ETF in the 2nd quarter valued at approximately $209,353,000. Board of Trustees of The Leland Stanford Junior University raised its stake in iShares MSCI EAFE ETF by 222.4% during the 2nd quarter. Board of Trustees of The Leland Stanford Junior University now owns 3,346,434 shares of the exchange traded fund’s stock valued at $299,138,000 after acquiring an additional 2,308,580 shares in the last quarter. Bessemer Group Inc. boosted its position in iShares MSCI EAFE ETF by 3,057.6% during the 2nd quarter. Bessemer Group Inc. now owns 2,368,703 shares of the exchange traded fund’s stock worth $211,738,000 after acquiring an additional 2,293,687 shares during the period. Finally, Bank of Nova Scotia grew its stake in shares of iShares MSCI EAFE ETF by 251.9% in the second quarter. Bank of Nova Scotia now owns 2,090,922 shares of the exchange traded fund’s stock worth $186,908,000 after purchasing an additional 1,496,680 shares in the last quarter. Institutional investors own 79.80% of the company’s stock.
iShares MSCI EAFE ETF Stock Up 1.1%
Shares of NYSEARCA EFA opened at $96.44 on Thursday. The stock has a market cap of $69.55 billion, a P/E ratio of 16.48 and a beta of 0.84. The firm’s 50-day simple moving average is $94.54 and its 200 day simple moving average is $91.78. iShares MSCI EAFE ETF has a fifty-two week low of $72.14 and a fifty-two week high of $96.69.
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.
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