Cornerstone Advisors Asset Management LLC Raises Position in iShares MSCI EAFE ETF $EFA

Cornerstone Advisors Asset Management LLC boosted its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 10.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 58,843 shares of the exchange traded fund’s stock after purchasing an additional 5,654 shares during the period. iShares MSCI EAFE ETF makes up 1.0% of Cornerstone Advisors Asset Management LLC’s portfolio, making the stock its 25th largest position. Cornerstone Advisors Asset Management LLC’s holdings in iShares MSCI EAFE ETF were worth $5,494,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. TD Asset Management Inc boosted its holdings in iShares MSCI EAFE ETF by 6.3% during the 2nd quarter. TD Asset Management Inc now owns 9,050,985 shares of the exchange traded fund’s stock valued at $809,068,000 after acquiring an additional 533,545 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of iShares MSCI EAFE ETF by 0.3% during the second quarter. PNC Financial Services Group Inc. now owns 8,689,604 shares of the exchange traded fund’s stock valued at $776,764,000 after purchasing an additional 28,965 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares MSCI EAFE ETF by 2.8% in the second quarter. Envestnet Asset Management Inc. now owns 6,415,811 shares of the exchange traded fund’s stock worth $573,501,000 after purchasing an additional 176,415 shares during the last quarter. AlTi Global Inc. increased its stake in shares of iShares MSCI EAFE ETF by 1.1% in the second quarter. AlTi Global Inc. now owns 5,858,977 shares of the exchange traded fund’s stock worth $523,751,000 after buying an additional 61,599 shares during the period. Finally, Corient Private Wealth LLC raised its holdings in iShares MSCI EAFE ETF by 50.7% during the 2nd quarter. Corient Private Wealth LLC now owns 5,768,279 shares of the exchange traded fund’s stock valued at $504,181,000 after buying an additional 1,939,941 shares during the last quarter. 79.80% of the stock is owned by institutional investors.

iShares MSCI EAFE ETF Stock Up 0.7%

Shares of EFA opened at $101.40 on Tuesday. The firm has a fifty day simple moving average of $97.34 and a two-hundred day simple moving average of $94.27. iShares MSCI EAFE ETF has a twelve month low of $72.14 and a twelve month high of $102.32. The stock has a market capitalization of $74.83 billion, a P/E ratio of 16.48 and a beta of 0.84.

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.