Principal Financial Group Inc. Grows Position in iShares MSCI EAFE ETF $EFA

Principal Financial Group Inc. lifted its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 52.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 554,166 shares of the exchange traded fund’s stock after buying an additional 191,354 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares MSCI EAFE ETF were worth $53,217,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. QRG Capital Management Inc. lifted its holdings in shares of iShares MSCI EAFE ETF by 6.3% in the fourth quarter. QRG Capital Management Inc. now owns 145,228 shares of the exchange traded fund’s stock worth $13,946,000 after buying an additional 8,669 shares in the last quarter. Triasima Portfolio Management inc. lifted its holdings in shares of iShares MSCI EAFE ETF by 0.7% in the fourth quarter. Triasima Portfolio Management inc. now owns 16,750 shares of the exchange traded fund’s stock worth $1,609,000 after buying an additional 112 shares in the last quarter. TCI Wealth Advisors Inc. lifted its holdings in shares of iShares MSCI EAFE ETF by 47.5% in the fourth quarter. TCI Wealth Advisors Inc. now owns 21,090 shares of the exchange traded fund’s stock worth $2,025,000 after buying an additional 6,788 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in shares of iShares MSCI EAFE ETF by 27.5% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 7,400 shares of the exchange traded fund’s stock worth $711,000 after buying an additional 1,595 shares in the last quarter. Finally, Headinvest LLC lifted its holdings in shares of iShares MSCI EAFE ETF by 15.6% in the fourth quarter. Headinvest LLC now owns 11,414 shares of the exchange traded fund’s stock worth $1,096,000 after buying an additional 1,538 shares in the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

EFA stock opened at $103.96 on Friday. iShares MSCI EAFE ETF has a one year low of $85.65 and a one year high of $105.94. The company’s fifty day moving average price is $100.00 and its 200-day moving average price is $98.46. The company has a market capitalization of $76.72 billion, a PE ratio of 16.48 and a beta of 0.78.

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.