Miller Investment Management LP Sells 101,978 Shares of iShares MSCI EAFE ETF $EFA

Miller Investment Management LP lowered its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 12.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 715,962 shares of the exchange traded fund’s stock after selling 101,978 shares during the quarter. iShares MSCI EAFE ETF comprises approximately 6.7% of Miller Investment Management LP’s holdings, making the stock its 6th largest holding. Miller Investment Management LP’s holdings in iShares MSCI EAFE ETF were worth $68,754,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its stake in shares of iShares MSCI EAFE ETF by 5.1% in the 4th quarter. JPMorgan Chase & Co. now owns 21,517,515 shares of the exchange traded fund’s stock valued at $2,066,327,000 after purchasing an additional 1,041,180 shares during the period. Northern Trust Corp lifted its stake in shares of iShares MSCI EAFE ETF by 0.9% in the 3rd quarter. Northern Trust Corp now owns 21,097,652 shares of the exchange traded fund’s stock valued at $1,969,888,000 after purchasing an additional 184,934 shares during the period. Northwestern Mutual Investment Management Company LLC lifted its stake in shares of iShares MSCI EAFE ETF by 13.9% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 15,736,766 shares of the exchange traded fund’s stock valued at $1,511,202,000 after purchasing an additional 1,922,902 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares MSCI EAFE ETF by 359.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,306,948 shares of the exchange traded fund’s stock valued at $1,085,806,000 after purchasing an additional 8,846,240 shares during the period. Finally, Causeway Capital Management LLC lifted its stake in shares of iShares MSCI EAFE ETF by 70,110.5% in the 3rd quarter. Causeway Capital Management LLC now owns 4,959,667 shares of the exchange traded fund’s stock valued at $463,084,000 after purchasing an additional 4,952,603 shares during the period. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Down 1.3%

EFA stock opened at $101.57 on Thursday. The business’s fifty day moving average is $102.49 and its 200-day moving average is $99.99. The company has a market cap of $74.96 billion, a P/E ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a twelve month low of $85.68 and a twelve month high of $105.94.

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.