Phillips Financial Management LLC Has $6.89 Million Stock Position in iShares MSCI EAFE ETF $EFA

Phillips Financial Management LLC lifted its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 22.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 73,764 shares of the exchange traded fund’s stock after purchasing an additional 13,408 shares during the quarter. Phillips Financial Management LLC’s holdings in iShares MSCI EAFE ETF were worth $6,887,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Laurel Wealth Advisors LLC boosted its stake in 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 in the last quarter. State Board of Administration of Florida Retirement System acquired a new stake in shares of iShares MSCI EAFE ETF during the 2nd quarter valued at about $209,353,000. Board of Trustees of The Leland Stanford Junior University increased its stake in iShares MSCI EAFE ETF by 222.4% in the second 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 during the period. Bessemer Group Inc. increased its stake in iShares MSCI EAFE ETF by 3,057.6% in the second quarter. Bessemer Group Inc. now owns 2,368,703 shares of the exchange traded fund’s stock valued at $211,738,000 after acquiring an additional 2,293,687 shares during the period. Finally, Corient Private Wealth LLC raised its position in iShares MSCI EAFE ETF by 50.7% in the second quarter. Corient Private Wealth LLC now owns 5,768,279 shares of the exchange traded fund’s stock worth $504,181,000 after purchasing an additional 1,939,941 shares in the last quarter. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Trading Up 0.9%

NYSEARCA EFA opened at $98.81 on Friday. The stock’s 50 day moving average is $95.45 and its two-hundred day moving average is $93.00. The company has a market capitalization of $72.92 billion, a price-to-earnings ratio of 16.48 and a beta of 0.84. iShares MSCI EAFE ETF has a 1-year low of $72.14 and a 1-year high of $98.89.

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.