Lazard Asset Management LLC Lowers Stake in iShares MSCI EAFE ETF $EFA

Lazard Asset Management LLC cut its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 70.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 78,313 shares of the exchange traded fund’s stock after selling 185,616 shares during the quarter. Lazard Asset Management LLC’s holdings in iShares MSCI EAFE ETF were worth $7,607,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of EFA. Bank of America Corp DE increased its position in iShares MSCI EAFE ETF by 9.5% during the 4th quarter. Bank of America Corp DE now owns 40,215,965 shares of the exchange traded fund’s stock worth $3,861,939,000 after purchasing an additional 3,481,849 shares in the last quarter. Morgan Stanley lifted its position in iShares MSCI EAFE ETF by 15.5% during the fourth quarter. Morgan Stanley now owns 31,617,599 shares of the exchange traded fund’s stock valued at $3,036,238,000 after buying an additional 4,244,605 shares in the last quarter. JPMorgan Chase & Co. grew its stake in iShares MSCI EAFE ETF by 5.1% during the fourth quarter. JPMorgan Chase & Co. now owns 21,517,515 shares of the exchange traded fund’s stock worth $2,066,327,000 after buying an additional 1,041,180 shares during the period. Northern Trust Corp grew its stake in iShares MSCI EAFE ETF by 1.0% during the fourth quarter. Northern Trust Corp now owns 21,303,587 shares of the exchange traded fund’s stock worth $2,045,783,000 after buying an additional 205,935 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC grew its stake in iShares MSCI EAFE ETF by 13.9% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 15,736,766 shares of the exchange traded fund’s stock worth $1,511,202,000 after buying an additional 1,922,902 shares during the period. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Up 2.8%

iShares MSCI EAFE ETF stock opened at $106.24 on Friday. The firm has a fifty day moving average of $103.90 and a 200-day moving average of $102.01. iShares MSCI EAFE ETF has a 52-week low of $86.74 and a 52-week high of $106.32. The firm has a market capitalization of $78.53 billion, a P/E 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.