77,944 Shares in iShares MSCI EAFE ETF $EFA Purchased by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. bought a new position in iShares MSCI EAFE ETF (NYSEARCA:EFA) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 77,944 shares of the exchange traded fund’s stock, valued at approximately $7,248,000.

A number of other large investors have also recently modified their holdings of EFA. Brighton Jones LLC lifted its position in iShares MSCI EAFE ETF by 5.3% during the fourth quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after purchasing an additional 11,902 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in shares of iShares MSCI EAFE ETF during the 4th quarter worth $629,000. Norden Group LLC grew its position in iShares MSCI EAFE ETF by 1.4% in the second quarter. Norden Group LLC now owns 16,656 shares of the exchange traded fund’s stock worth $1,489,000 after acquiring an additional 235 shares in the last quarter. Santori & Peters Inc. grew its position in iShares MSCI EAFE ETF by 2.2% in the second quarter. Santori & Peters Inc. now owns 51,517 shares of the exchange traded fund’s stock worth $4,605,000 after acquiring an additional 1,118 shares in the last quarter. Finally, Pitti Group Wealth Management LLC increased its stake in iShares MSCI EAFE ETF by 90.3% in the second quarter. Pitti Group Wealth Management LLC now owns 177,338 shares of the exchange traded fund’s stock valued at $15,852,000 after acquiring an additional 84,147 shares during the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Up 0.4%

Shares of EFA stock opened at $99.42 on Friday. The business has a 50-day moving average price of $96.22 and a two-hundred day moving average price of $93.61. iShares MSCI EAFE ETF has a 12-month low of $72.14 and a 12-month high of $99.67. The firm has a market cap of $73.37 billion, a P/E ratio of 16.48 and a beta of 0.84.

iShares MSCI EAFE ETF 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.