Ramiah Investment Group reduced its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) by 70.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,855 shares of the exchange traded fund’s stock after selling 25,549 shares during the quarter. iShares MSCI EAFE ETF accounts for about 0.9% of Ramiah Investment Group’s investment portfolio, making the stock its 18th largest holding. Ramiah Investment Group’s holdings in iShares MSCI EAFE ETF were worth $1,054,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also made changes to their positions in EFA. Bank of America Corp DE raised its holdings in iShares MSCI EAFE ETF by 9.5% in the fourth quarter. Bank of America Corp DE now owns 40,215,965 shares of the exchange traded fund’s stock valued at $3,861,939,000 after acquiring an additional 3,481,849 shares in the last quarter. Morgan Stanley grew its holdings in iShares MSCI EAFE ETF by 15.5% during the 4th quarter. Morgan Stanley now owns 31,617,599 shares of the exchange traded fund’s stock worth $3,036,238,000 after acquiring an additional 4,244,605 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares MSCI EAFE ETF by 5.1% during the 4th quarter. JPMorgan Chase & Co. now owns 21,517,515 shares of the exchange traded fund’s stock worth $2,066,327,000 after acquiring an additional 1,041,180 shares in the last quarter. Northern Trust Corp grew its holdings in iShares MSCI EAFE ETF by 1.0% during the 4th quarter. Northern Trust Corp now owns 21,303,587 shares of the exchange traded fund’s stock worth $2,045,783,000 after acquiring an additional 205,935 shares in the last quarter. Finally, Northwestern Mutual Investment Management Company LLC increased its position 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 worth $1,511,202,000 after purchasing an additional 1,922,902 shares during the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.
iShares MSCI EAFE ETF Stock Performance
Shares of iShares MSCI EAFE ETF stock opened at $102.54 on Friday. iShares MSCI EAFE ETF has a 1 year low of $86.74 and a 1 year high of $105.94. The firm’s 50-day simple moving average is $103.31 and its 200-day simple moving average is $100.72. The firm has a market cap of $75.67 billion, a PE ratio of 16.48 and a beta of 0.78.
About iShares MSCI EAFE ETF
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.
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